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SEC approves listing of spot eth ETFs
CONFIRMED: SEC APPROVES LISTING OF SPOT ETH ETF'S
— db (@tier10k) May 23, 2024
Source: DB | Coins: ETH
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BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. It's really happening.
— James Seyffart (@JSeyff) May 23, 2024
h/t @PhoenixTrades_ pic.twitter.com/KQ39mDyCbT
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Order Granting Accelerated Approval of Proposed Rule Changes, as Modified by Amendments Thereto, to List and Trade Shares of Ether-Based Exchange-Trad
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)1 and Rule 19b-4 thereunder (“Rule 19b-4”), 2 each of NYSE Arca, Inc. (“NYSE Arca”), The Nasdaq Stock Market LLC (“Nasdaq”), and Cboe BZX Exchange, Inc. (“BZX”, and together with NYSE Arca and Nasdaq, the “Exchanges”) filed with the Securities and Exchange Commission (“SEC” or “Commission”) proposed rule changes to list and trade shares of the following. NYSE Arca proposes to list and trade shares of (1) the Grayscale Ethereum Trust3 and (2) the Bitwise Ethereum ETF4 under NYSE Arca Rule 8.201-E ... (full story)
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TO BE CLEAR: This does not mean they will begin trading tomorrow. This is just 19b-4 approval. Also needs to be an approval on the S-1 documents which is going to take time. We’re expecting it to take a couple weeks but could take longer. Should know more within a week or so!
— James Seyffart (@JSeyff) May 23, 2024