Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»BlackRock and other issuers have updated their S-1 filings for their Ethereum spot ETF, raising expectations for a July launch.
ETHEREUM NEWS

BlackRock and other issuers have updated their S-1 filings for their Ethereum spot ETF, raising expectations for a July launch.

By Crypto FlexsJune 24, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BlackRock and other issuers have updated their S-1 filings for their Ethereum spot ETF, raising expectations for a July launch.
Share
Facebook Twitter LinkedIn Pinterest Email

Applicants for seven spot Ethereum ETFs amended their registration statements with the SEC on June 21, raising hopes for a trading start in early July.

Franklin Templeton, VanEck, Invesco Galaxy, BlackRock, 21Shares and Fidelity filed updated S-1 registrations for the funds.

Grayscale filed an Amended S-3 Registration for the Ethereum Trust and a Supplemental Amended S-1 Statement for the Mini Ethereum Trust. Bitwise has not amended the registration statement.

Bloomberg ETF analyst Eric Balchunas continued to predict that July 2 would be an over/under date for the fund’s launch following recent filings, saying:

“Anyway, that’s basically the finish. Now the ball is in the SEC’s court.”

He also maintained his view that the Ethereum ETF is unlikely to attract more than 20% of the AUM that the Bitcoin ETF attracted.

Fee disclosure

Franklin Templeton disclosed a 0.19% sponsor fee in updated filings. The company will waive fees on the first $10 billion in assets for six months. VanEck, meanwhile, has disclosed a similar 0.20% sponsor fee and plans to waive it for the first $1.5 billion in assets until an undisclosed date in 2025.

Balchunas believes lower fees will put pressure on BlackRock to announce sponsor fees of 30 basis points or less for funds. Notably, BlackRock and Fidelity have not yet disclosed sponsor fees for their ETFs.

Experts believe that BlackRock’s fees in particular will be a key factor that could intensify competition between companies. Balchunas said that aside from the launch date, asset manager fees were the most important omission.

According to analysts:

“(BlackRock’s) fee is the sun that the rest needs to orbit.”

The launch of a spot Bitcoin ETF in January sparked a “fee war” among issuers, with each issuer competing to offer competitively low fees. Current spot Bitcoin ETF fees typically range between 0.19% and 0.39%, but Grayscale’s GBTC has fees that are 1.5% higher.

seed investment

Invesco Galaxy disclosed a $100,000 seed deal on June 17 in which a seed investor purchased 4,000 shares at $25 per share.

Grayscale has disclosed the purchase of $100,000 of seed stock for a mini Ethereum Trust. On May 31, the sponsor purchased 10,000 shares at $10 per share.

Fidelity said its seed capital investor, FMR Capital, contributed $4.7 million to the trust on June 4 by purchasing 125,000 shares at $37.99 per share.

Meanwhile, BlackRock previously reported $10 million in seed funding for the ETF.

Mentioned in this article
Posted in: Ethereum, Cryptocurrency
recent Alpha market report
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The FTX distributes bankruptcy $ 1.6 billion this month.

September 20, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story

September 23, 2025

Buying NFT is like buying a Mickey Mouse T -shirt and an IP.

September 23, 2025

ETH-Based Little Pepe Raises $26M In Presale

September 23, 2025

Seoul Exchange, One Of Only Two Licensed Platforms For Unlisted Securities, Will Exclusively Use Story To Settle Tokenized RWAs

September 22, 2025

Bitcoin And Dogecoin Are Trending. Use TALL Miner To Earn A Steady $8,750 Per Day And Double Your Wealth.

September 22, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

September 22, 2025

CryptoLists.com Recognised As “Crypto Affiliate Of The Year” At SBC’s Affiliate Leaders Awards 2025

September 22, 2025

BitMine Immersion (BMNR) Announces Pricing Of $365.24MM Registered Direct Offering At $70 Per Share

September 22, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025
Most Popular

Immutable (IMX) and YGG Power Web3 Gaming with $1M Player Rewards Initiative.

December 5, 2024

The Ultimate Handbook for Safe Online Gambling Revealed

April 17, 2024

ElevenLabs Launches Advanced Text-to-Speech AI Supporting 100+ Voices

July 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.