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The US SEC simultaneously approved multiple Ethereum spot ETF 19b-4 forms, including BlackRock and Fidelity

2024-05-23 21:17
Odaily News According to The Block, the U.S. Securities and Exchange Commission approved the 19b-4 forms for multiple Ethereum spot ETFs today, including those from BlackRock, Fidelity, and Grayscale. Although the form has been approved, ETF issuers need to make the S-1 registration statement effective before they can start trading. The SEC has just begun discussing the S-1 form with issuers. It is unclear how long this process will take, but some analysts speculate that it may take weeks.