The U.S. SEC is considering ProShares' application for an Ethereum spot ETF

Bitget App

Trade smarter

Bitget2024/06/11 00:44

By:Bitget

PANews reported on June 11th, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) stated in a document on June 10th that the New York Stock Exchange (NYSE) Arca has proposed a rule change to allow it to list and trade ProShares Ethereum ETF stocks. The SEC said it will seek public comments on this ETF application within 21 days after its publication in the Federal Register, and the SEC will have 45 days to approve, reject or extend its decision. According to previous news, ProShares submitted Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) last week, planning to list and trade Ethereum spot ETFs on the New York Stock Exchange (NYSE). On May 23rd, the SEC officially approved Form 19b-4 of Ethereum spot ETFs submitted by eight asset management companies. However, they will not start trading on US exchanges before the SEC approves their S-1 registration statements.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

The Federal Reserve's Beige Book shows little change in U.S. economic activity, with increasing divergence in the consumer market. JPMorgan predicts a Fed rate cut in December. Nasdaq has applied to increase the position limit for BlackRock's Bitcoin ETF options. ETH has returned to $3,000, signaling a recovery in market sentiment. Hyperliquid has sparked controversy due to a token symbol change. Binance faces a $1 billion terrorism-related lawsuit. Securitize has received EU approval to operate a tokenization trading system. The Tether CEO responded to S&P's credit rating downgrade. Large Bitcoin holders are increasing deposits to exchanges. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.

MarsBit•2025/11/30 21:01

Mars Morning News | ETH returns to $3,000, extreme fear sentiment has passed

The central bank sets a major tone on stablecoins for the first time—where will the market go next?

The People's Bank of China held a meeting to crack down on virtual currency trading and speculation, clearly defining stablecoins as a form of virtual currency with risks of illegal financial activities, and emphasized the continued prohibition of all virtual currency-related businesses.

MarsBit•2025/11/30 21:01