Ethereum

Franklin

A leading global investment firm, VanEck’s U.S. spot Ethereum exchange-traded fund (ETF) has been added to the Depository Trust and Clearing Corporation’s (DTCC) list of ETFs. 
The listing of the ETF “ETHV” on the Depository Trust and Clearing Corporation’s website is a preparation step, awaiting SEC approval for full launch. The <a href="https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php" target="_blank" rel="noreferrer noopener nofollow">status</a> “N” in the create/redeem column indicates the ETF is not active yet. 
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The DTCC clarified that the list includes both active and pre-launch ETFs awaiting regulatory approvals. Franklin Templeton’s spot Ethereum ETF was also listed last month. VanEck confirmed the inclusion while awaiting further comments from the DTCC. 
Recent developments show positive signs, with the SEC requesting updates and refiling <a href="https://www.cryptotimes.io/2024/05/20/sec-approval-for-spot-ethereum-etfs-depends-on-19b-4-filings/" target="_blank" rel="noreferrer noopener">19b-4 forms for proposed</a> spot Ethereum ETFs, hinting at potential regulatory approval.&nbsp; 
Cboe BZX exchange posted amended 19b-4 forms for several ETFs, including VanEck’s, indicating progress in the approval process. CoinShares and Valkyrie reportedly do not plan spot Ethereum ETF applications. 
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VanEck ETHV Ethereum ETF on DTCC List Awaiting SEC Approval

The Crypto Times

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