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SEC Approves 19b-4 For Spot Ethereum ETF, But Listing Will Take Time
Summary: The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for multiple spot Ethereum ETFs, including those from BlackRock, Fidelity, and Grayscale. While these forms have been approved, ETF issuers need to wait until their S-1 registration statement becomes effective before they can begin trading. The SEC has only recently begun conversations with issuers ...
The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for multiple spot Ethereum ETFs, including those from BlackRock, Fidelity, and Grayscale.
While these forms have been approved, ETF issuers need to wait until their S-1 registration statement becomes effective before they can begin trading. The SEC has only recently begun conversations with issuers about their S-1 forms, and it's unclear how long the process will take.
Bloomberg analyst James Seyffart predicted that the process could be completed within a few weeks, but more than three months is also possible.
Tags: SEC,Spot Ethereum ETF
Link: SEC Approves 19b-4 For Spot Ethereum ETF, But Listing Will Take Time [Copy]