Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.
Asset management companies VanEck and 21Shares have amended their S-1 registrations with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether (ETH) exchange-traded fund, or ETF.
In July 8 filings, VanEck amended its Form S-1 registration statement as part of the firm’s efforts to get final approval from the SEC for its Ethereum ETF. 21Shares filed a similar amended form for its Core Ethereum ETF. Neither filing included a specific launch date on U.S. exchanges but said it would be “as soon as practicable after the effective date” of the registration.
The amended filings are part of the last stage of approvals required by the SEC before asset management firms can list shares of spot Ether ETFs. Bitwise filed its own amended registration on July 3, and experts predict that other companies will follow in the next seven days.