Spot Ether ETFs get NYSE Arca clearance, await SEC’s final authorization
The funds still await the SEC’s approval of S-1 forms. Their launch in the United States is expected to take place on July 23.
The NYSE Arca has confirmed its approval to list and trade spot Ethereum exchange-traded funds (ETFs) from asset managers Grayscale and Bitwise.
According to documents filed with the United States Securities and Exchange Commission (SEC) on July 22, the exchange has certified “its approval for listing and registration of the common units” of Grayscale Ethereum Trust and Bitwise Ethereum ETF.
The funds are still pending the security regulator’s authorization to debut, and analysts anticipate a launch date of July 23.
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Author: Ana Paula Pereira
