Ethereum

BlackRock

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>BlackRock submitted its amendment to the S-1 form for an Ethereum ETF, seeded with $10 million.</li> 
 <li>VanEck’s amendment is also in with a 0.20% fee.</li> 
</ul> 
According to recent reports coming from Bloomberg’s analyst Eric Balchunas, BlackRock and VanEck have both submitted their amendments to S-1 forms for Ethereum ETFs. 
A few hours ago, the analyst shared a post on his X account, revealing that VanEck submitted its 4th amendment to the S-1 form necessary for the approval of an Ethereum ETF. 
<a href="https://x.com/EricBalchunas/status/1804254007202103379/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" class="alignnone" src="https://pbs.twimg.com/media/GQn_dKuXcAEAgwd?format=png&amp;name=medium" alt="GQn dKuXcAEAgwd?format=png&amp;name=medium" width="1098" height="996" title="BlackRock And VanEck's Amendments To S-1 Forms For Ethereum ETFs Are In 16"></a> 
He noted that the fee would be 0.20% which is close to Franklin Templeton’s fee of 0.19%. 
<a href="https://x.com/EricBalchunas/status/1804254437231239434/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" class="alignnone" src="https://pbs.twimg.com/media/GQn_2K8XsAAWa0r?format=png&amp;name=medium" alt="GQn 2K8XsAAWa0r?format=png&amp;name=medium" width="1102" height="198" title="BlackRock And VanEck's Amendments To S-1 Forms For Ethereum ETFs Are In 17"></a> 
According to the analyst, this added a “touch of pressure” on BlackRock to stay under 30bps at least. He said that the fees of ETH will be as low or even lower compared to the ones of Bitcoin. 
<a href="https://x.com/EricBalchunas/status/1804255060546760761" rel="nofollow" target="_blank">BlackRock</a>‘s second amendment to the S-1 form for an Ethereum ETF was also revealed by Balchunas, and there is no fee posted. However, the firm did report a seed of $10 million. 
Balchunas said that now, the ball is in the US SEC’s court. 
He also said that we might expect to see the other amendments to S-1 forms from the ETH ETF issuers sometime during the next week. 
<h2 id="ethereum-etfs-could-launch-around-july-2">Ethereum ETFs could launch around July 2</h2> 
Yesterday, Bloomberg’s analyst James Seyffart revealed that Fidelity just filed its third amendment to the S-1 form for an Ethereum ETF. 
Eric Balchunas also shared the message via his X account, noting that there is no fee included yet. He said that Franklin Templeton is the only one with a fee, and Bitwise did not include one either. 
Yesterday, Balchunas also said that from now on, the US SEC will have to let issuers know about any final changes and effectiveness, in other words, the final approval. 
He said that he maintains<a href="https://crypto.ro/en/news/ethereum-etfs-could-launch-around-july-2-as-fidelitys-amended-filing-is-in/"> his prediction</a> that July 2 could be the over/under date for ETH ETFs launch date.

BlackRock And VanEck’s Amendments To S-1 Forms For Ethereum ETFs Are In

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