Monday, June 30, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

SEC delays Fidelity’s Ethereum spot ETF, but decisions are still expected in May

January 21, 2024
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on TwitterShare on E Mail



The U.S. Securities and Change Fee (SEC) mentioned on Jan. 18 that it has delayed its determination on Constancy’s proposed spot Ethereum ETF.

Extra particularly, the choice issues a proposed rule change that will permit Cboe BZX to listing and commerce shares of Constancy’s deliberate fund.

The SEC famous that the proposed rule change was initially filed on Nov. 17, 2023 and printed for remark within the federal register on Dec. 6, 2023.

The SEC mentioned immediately that, based mostly on these dates, it was beforehand required to approve, reject, or institute proceedings figuring out whether or not to disapprove the proposed rule change by Jan. 20.  Nonetheless, it has now chosen to make use of a provision that permits it to increase that deadline by 45 days to March 5, 2024.

It’s probably that the SEC will select to institute proceedings round Constancy in March, because it completed for sure different pending funds.

SEC anticipated to resolve on ETH ETFs in Could

Bloomberg ETF analyst James Seyffart mentioned immediately that the Constancy delay was “utterly anticipated” and asserted that late Could deadlines “actually matter.”

That Could deadline seems to be associated to the truth that the SEC should both approve or reject  VanEck’s competing spot Ethereum ETF proposal by Could 23.

Because the SEC has already instituted proceedings on VanEck’s utility, it can not delay its determination any additional. And since the SEC typically approves related ETFs collectively, it should probably resolve on all pending spot Ethereum ETFs in late Could, although different functions have later deadlines.

It also needs to be famous that Constancy, VanEck, and a number of other different candidates succeeded in gaining approval for spot Bitcoin ETFs on Jan. 10. The success of these Bitcoin ETFs doesn’t assure that Ethereum ETF proposals may even acquire approval.

Public expectations are divided: one prediction market on Polymarket presently reviews 54% odds in favor of spot Ethereum ETF approvals.

ETH Value & Market Knowledge

On the time of press, Ethereum is ranked #2 by market cap and the ETH worth is down 2.47% over the previous 24 hours. ETH has a market capitalization of $295.94 billion with a 24-hour buying and selling quantity of $11.91 billion. Study extra about ETH ›

ETHUSD Chart by TradingView

Market abstract

On the time of press, the worldwide cryptocurrency market is valued at at $1.63 trillion with a 24-hour quantity of $63.06 billion. Bitcoin dominance is presently at 49.61%. Study extra ›



Source link

Tags: DecisionsdelaysETFEthereumExpectedFidelitysSECspot
Previous Post

Litecoin (LTC) Price Prediction 2024 2025 2026 2027

Next Post

Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?

Related Posts

Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout
Ethereum

Ethereum Holding Above Key Support On Daily Chart — Eyes Set On Breakout

June 29, 2025
Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections
Ethereum

Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections

June 28, 2025
Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
Ethereum

Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm

June 27, 2025
Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base
Ethereum

Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base

June 25, 2025
Ethereum Builds Critical Pattern On Daily Chart, Volatility Ahead
Ethereum

Ethereum Builds Critical Pattern On Daily Chart, Volatility Ahead

June 26, 2025
zkLend shuts down amid exploit fallout and delistings, remaining $200k redirected to users
Ethereum

zkLend shuts down amid exploit fallout and delistings, remaining $200k redirected to users

June 29, 2025
Next Post
Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?

Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?

Ethereum Price Dips Alongside Bitcoin, Decoding Key Hurdles To Fresh Increase

Ethereum Price Dips Alongside Bitcoin, Decoding Key Hurdles To Fresh Increase

SOL Price Reaches Make-or-Break Levels – Can Solana Pump Again?

SOL Price Reaches Make-or-Break Levels – Can Solana Pump Again?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In