Ethereum

when

Spot

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BlackRock's spot Ethereum exchange-traded fund (ETF) has been <a href="https://x.com/ericbalchunas/status/1793800144938315908?s=46&amp;t=dYF0hpz-gFc8HcetSehFUQ" rel="noopener noreferrer nofollow">listed</a> by the Depository Trust and Clearing Corporation under the ETHA ticker.&nbsp;
On Thursday, the U.S. Securities and Exchange Commission greenlit 19b-4 forms from several Ethereum ETFs from such issuers as BlackRock, Fidelity, VanEck, and other firms.&nbsp;
As reported by U.Today, the SEC was widely expected to shoot down these funds just a week ago. However, the agency made a last-minute U-turn in a truly shocking move.&nbsp;
Now that the SEC has approved 19b-4s listing requests, it is now engaging with potential issuers over S-1 registration statements.&nbsp;
For Ethereum ETFs to begin trading, each corresponding S-1 registration statement is also approved. Hence, it is now clear when these ETFs will actually start trading.&nbsp;
“This does not mean they will begin trading tomorrow. This is just 19b-4 approval. Also needs to be an approval on the S-1 documents which is going to take time. We’re expecting it to take a couple weeks but could take longer. Should know more within a week or so!” James Seyffart said on the X social media network.
<h2 id="sell-the-news">Sell the news?&nbsp;</h2>
After experiencing a massive rally, the ETH price has now pared some gains, currently trading at $3,629 on the Bitstamp exchange.&nbsp;Prominent trader John Bollinger recently warned that Ethereum’s rally was overextended.

DTCC Lists Blackrock's Spot Ethereum ETF

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