Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Cboe Files Amended ETH ETF Filings Amid Renewed Approval Potential
ETHEREUM NEWS

Cboe Files Amended ETH ETF Filings Amid Renewed Approval Potential

By Crypto FlexsMay 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cboe Files Amended ETH ETF Filings Amid Renewed Approval Potential
Share
Facebook Twitter LinkedIn Pinterest Email

Cboe BZX filed a 19-b4 amendment involving five Ethereum ETFs on May 21, significantly increasing each fund’s chances of approval.

The news coincided with a sudden spike in odds for Polymarket, which reported a 70% chance of approval by May 31. This is up from 10% just a few hours ago.

Bloomberg ETF analyst James Seyffart I left a comment. Regarding the development, the filing said it corroborates previous rumors and speculations.

He acknowledged that each applicant is “still a long way from market” because the SEC still has to issue an approval order for the 19b-4 filing and S-1 registration statement. Therefore, each fund may not be released for “a few weeks or more,” according to Seyffart.

Yesterday, Seyffart and his colleague Eric Balchunas raised the odds of approval to 75%, with sources reporting impending revisions. Others, including FOX Business reporter Eleanor Terret, backed up the report based on their own sources.

5 funds in operation

The Cboe BZX amendment concerns proposals from Fidelity, VanEck, Invesco and Galaxy, Ark Invest and 21 Shares, Franklin Templeton.

The latest amendments do not include all pending applications. Grayscale each aims to convert the Ethereum Trust (ETHE) into a spot ETF on NYSE Arca, while BlackRock and Hashdex each plan to launch spot Ethereum ETFs on Nasdaq.

The SEC must decide on VanEck’s spot ETH ETF on May 23rd. However, later deadlines may result in multiple similar proposals being approved simultaneously.

Staking not possible

The amendments also explain important aspects of each ETH ETF. Each document states that trusts, funds, sponsors, custodians and other parties will not participate in Ethereum staking.

Some applicants previously proposed staking but subsequently eliminated the possibility in their S-1 statements.

The filing also confirmed that each fund will use cash generation and redemptions. In contrast, in-kind creation and redemption allows some participants to transact with cryptocurrencies. This possibility was raised but withdrawn amid the approval of a spot Bitcoin ETF.

Both factors are expected to influence the SEC’s decision on the ETH ETF.

The post Cboe Files Five Amended ETH ETF Documents Amid Potential New Approvals appeared first on CryptoSlate

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Bitcoin is more than $ 104K as the merchant’s eyes move from H2 to $ 145,000.

June 20, 2025

Can Etherrium price return to $ 4,000? Analysts say that ETH should go beyond this support.

June 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 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

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

Aleph Zero launches first EVM-compatible ZK privacy layer with sub-second proof time

June 20, 2024

Bitcoin Price Rises Below $100,000: Is Momentum Losing?

December 3, 2024

Binance’s ‘VIP’ traders received advance warning of $4 billion settlement fine: Bloomberg

December 3, 2023
  • 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.