VanEck files form 8-A for spot Ether ETF, approval timeline revealed?
Senior Bloomberg ETF analyst Eric Balchunas pointed to VanEck’s 8-A filing for its Bitcoin ETF as a clue for the potential launch window of an Ethereum ETF.
On June 25, investment manager VanEck filed form 8-A for its spot Ethereum exchange-traded fund with the the United States Securities and Exchange Commission (s, bringing the ETF one step closer to live trading.
The updated filing caused senior Bloomberg ETF analyst Eric Balchunas to speculate that spot Ethereum ETFs could be available for trading as early as July 2, 2024. Balchunas explained his prediction was bolstered by VanEck’s 8-A filing for its Bitcoin ETF, filed seven days before the investment fund launched on the market.
Earlier in June, the senior Bloomberg analyst predicted an early July ETF launch window based on the lack of significant commentary from SEC staff on the ETF applicants’ S-1 filings. The lack of commentary suggests the regulator has not identified major issues with the ETF offerings, indicating a potential to expedite the listing process.
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Author: Vince Quill
