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Following the SEC’s endorsement of the 19b-4 forms, the gradual progression toward listing funds on exchanges has begun. One of the major steps is to have listings at Depository Trust and Clearing Corporation (DTCC) such as Fidelity’s Ether spot ETF alongside BlackRock, VanEck, and Franklin Templeton products. Fidelity’s Significant Listing Fidelity which is one of…
The evening in the cryptocurrency market was full of events. However, the latest update in Bloomberg raises hope that Ethereum ETF applications could now be approved with a probability of 75% while the price surges are very much evident on the market. People anticipated that the US Securities and Exchange Commission (SEC) would deny the…
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), reiterated his stance on cryptocurrencies during a recent television appearance. When asked about Ether ETFs, he stated, “These requests are currently under consideration… A 5-member commission will make a decision,” yet he refrained from disclosing further details. Similar Remarks on Cryptocurrencies In light…