Ethereum

United

<ul class="news-points">
 <li>The SEC has asked ETH ETF issuers to bring their S-1 filings by Friday.</li>
 <li>JPMorgan analysts said that spot ETH ETFs will not see significant inflows.</li>
 <li>After the removal of staking, ETH ETFs are not attractive anymore, said JPMorgan.</li>
</ul>
The United States Securities and Exchange Commission (SEC) has requested all firms that have filed for spot Ethereum (ETH) exchange-traded funds (ETFs) to submit their amended S-1 filings by Friday.
This request comes after the regulator unexpectedly approved the spot ETH ETF 19b-4 filings on May 23 from VanEck, BlackRock, Grayscale, and other applicants. However, the firms’ initial S-1 filings were not aligned with the SEC’s expectations, causing a last-minute scramble to adjust the applications.
Despite this setback, the application process is moving forward. The asset management firms have been instructed to resubmit their S-1 filings by Friday, after which the regulator will issue its first round of comments, prompting further amendments.
Meanwhile, a team of analysts at JPMorgan led by Nikolaos Panigirtzoglou published a report predicting that “the initial ma…
The post <a href="https://coinedition.com/sec-gives-ethereum-etf-applicants-a-friday-ultimatum-revise-or-risk-rejection/" rel="noopener noreferrer nofollow">SEC Gives Ethereum ETF Applicants a Friday Ultimatum: Revise or Risk Rejection</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SEC Gives Ethereum ETF Applicants a Friday Ultimatum: Revise or Risk Rejection

Coin Edition

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