SEC asks for public comment for Grayscale, Bitwise and Fidelity spot Ethereum ETFs | Headlines | News | CoinMarketCap
04/03/2024 20:30The Securities and Exchange Commission is soliciting comments for a handful of spot ether exchange-traded funds, according to filings. On …
The Securities and Exchange Commission is soliciting comments for a handful of spot ether exchange-traded funds, according to filings.
On Tuesday, the agency asked for public comment on three proposed ETFs: the Fidelity Ethereum Fund, Grayscale Ethereum Trust and Bitwise Ethereum Trust.
"The Commission is publishing this notice to solicit comments on the proposed rule change, as modified by Amendment No. 1, from interested persons," the agency said in the filing about Bitwise.
Comments for all three are due in 21 days.
Hope dwindles
Optimism has damped on the SEC's potential approval for a spot ether ETF.
Bloomberg ETF analyst Eric Balchunas has since dropped his estimate of the chances of a spot Ethereum ETF approval by May from about 70 percent …