The Block Crypto News20 minutes ago

Published on May 21, 2024 23:21 GMT+00:00edited on May 21, 2024 23:24 GMT+00:00

Exchange CboeBZX revamped 19b-4 forms for five spot Ethereum exchange-traded fund proposals, marking the latest move as a potential approval for such a fund could be imminent.

Cboe BZX filed amended Form 19b-4s late on Tuesday for the Franklin Ethereum Trust, Fidelity Ethereum Fund, VanEck Ethereum Trust, Invesco Galaxy Ethereum ETF and the ARK 21Shares Ethereum ETF.

The amended filings come as exchanges were reportedly asked by the SEC to amend their 19b-4s earlier this week. Form 19b-4s are filed to let the SEC know about a proposed rule change and are among the documents that need the agency's greenlight before spot ether ETFs can become effective. S-1 registration statements would still need to go effective before the funds can begin trading.

Bloomberg ETF analyst James Seyffart …