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VanEck and Other Institutions Urge US SEC to Approve Ethereum ETF Pledge Applications on 'First Come, First Served' Basis, Unwilling to be Approved in Batches with BlackRock

Summary: According to DL News, BlackRock's move this week to add pledge options in its iShares Ethereum Trust Fund has reignited discussions about the US Securities and Exchange Commission's batch approval process. VanEck, 21Shares, and Canary Capital have urged the SEC to consider adopting a 'first come, first served' approval process, rather than wanting to be ...

According to DL News, BlackRock's move this week to add pledge options in its iShares Ethereum Trust Fund has reignited discussions about the US Securities and Exchange Commission's batch approval process. VanEck, 21Shares, and Canary Capital have urged the SEC to consider adopting a 'first come, first served' approval process, rather than wanting to be 'batch approved' together with BlackRock, which submitted its application later.

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