• Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

Ethereum ETFs Gear Up for July Launch

admin by admin
June 24, 2024
in Cryptocurrency
0 0
0
Ethereum ETFs Gear Up for July Launch
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Revised Proposals Spark Interest 

In a significant development for cryptocurrency investment, several asset managers have revised their Ethereum ETF proposals. Submitted to the SEC on June 21, these updates signal readiness for a July launch. VanEck, BlackRock, Grayscale, Invesco Galaxy Digital, and Fidelity are among those fine-tuning their offerings.

Competitive Fee Structures 

VanEck’s filing revealed a 0.20% management fee for its Ethereum fund, setting a competitive benchmark in the industry. This move puts pressure on other asset managers like BlackRock to maintain low fees. Fidelity’s updated filing showed a $4.7 million seeding at $38 per share by FMR Capital, indicating strong backing.

Anticipated Regulatory Approvals 

The SEC’s May approval of a rule change was a green light for eight major asset managers to list and trade spot Ether ETFs. This regulatory milestone is expected to pave the way for Ether ETFs’ debut on Wall Street exchanges. Additionally, Hashdex is seeking approval for a new ETF combining spot Bitcoin and Ether, diversifying the crypto ETF landscape.

With the SEC’s nod and asset managers’ aggressive strategies, the upcoming Ether ETFs are set to open new avenues for investors looking to tap into the potential of digital currencies.



Source link

Previous Post

Pixels Reveals Chapter 2, Introduces Several New Updates

Next Post

CoinStats Reports Security Breach, 1,590 Wallets Affected

admin

admin

Next Post
CoinStats Reports Security Breach, 1,590 Wallets Affected

CoinStats Reports Security Breach, 1,590 Wallets Affected

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
CoinShare CSO: BTC will hit an all-time high in 24 months

CoinShare CSO: BTC will hit an all-time high in 24 months

July 13, 2022
This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

June 25, 2022
Interview with Coin Of The City NFT

Interview with Coin Of The City NFT

May 2, 2022
Ukraine Sells Donated CryptoPunk NFT for $100,000

Ukraine Sells Donated CryptoPunk NFT for $100,000

June 25, 2022
Reshaping & Innovating the Music Industry Through NFTs

Reshaping & Innovating the Music Industry Through NFTs

0
Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

0
CryptoArt Sundays: Interview with Bushra Khan

CryptoArt Sundays: Interview with Bushra Khan

0
Big Time Readies Early Access for Gold VIP Pass Holders

Big Time Readies Early Access for Gold VIP Pass Holders

0
How to Choose the Best Bitcoin Wallet for Digital Security

How to Choose the Best Bitcoin Wallet for Digital Security

May 30, 2025
Anichess Season 4 Now Live, $10,000 Reward Pool Available

Anichess Season 4 Now Live, $10,000 Reward Pool Available

May 30, 2025
Kyvo and Optio Community Partner with HolyDeeds for FaithTech

Kyvo and Optio Community Partner with HolyDeeds for FaithTech

May 29, 2025
Deadfellaz To Debut Ghost Machine NFT Collection on June 5

Deadfellaz To Debut Ghost Machine NFT Collection on June 5

May 28, 2025

Recommended

How to Choose the Best Bitcoin Wallet for Digital Security

How to Choose the Best Bitcoin Wallet for Digital Security

May 30, 2025
Anichess Season 4 Now Live, $10,000 Reward Pool Available

Anichess Season 4 Now Live, $10,000 Reward Pool Available

May 30, 2025
Kyvo and Optio Community Partner with HolyDeeds for FaithTech

Kyvo and Optio Community Partner with HolyDeeds for FaithTech

May 29, 2025
Deadfellaz To Debut Ghost Machine NFT Collection on June 5

Deadfellaz To Debut Ghost Machine NFT Collection on June 5

May 28, 2025

About Us

We bring you the latest NFT News and update from all around the Internet!

Categories

  • Cryptocurrency
  • Metaverse
  • NFT
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist