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»SEC issues opinion notice on Grayscale, Hashdex and Pando crypto ETFs.
ETHEREUM NEWS

SEC issues opinion notice on Grayscale, Hashdex and Pando crypto ETFs.

By Crypto FlexsDecember 18, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC issues opinion notice on Grayscale, Hashdex and Pando crypto ETFs.
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission (SEC) has begun additional proceedings for three proposed cryptocurrency exchange-traded funds (ETFs), effectively delaying their approval, as announced in a notice published on December 18. This proceeding concerns Grayscale’s regulatory changes proposed by NYSE Arca. Nasdaq’s offering for the Ethereum Futures Trust ETF and Hashdex’s spot Ethereum ETF.

Initially, on November 15, the SEC extended the review period for these proposals, but now the new process has further delayed a decision on each ETF. According to the notice, interested parties must submit initial and rebuttal comments within 21 and 35 days, respectively, of publication of the notice in the Federal Register, indicating that a decision is at least 35 days away.

SEC asks about Ethereum features and more

In both filings, the SEC asked whether Ethereum’s unique features, including proof-of-stake consensus, raise concerns about manipulation and fraud not seen in Bitcoin futures ETFs. The agency asked more broadly about vulnerability to fraud and manipulation and the ability of each ETF offering to reduce these risks.

In connection with Grayscale’s application, the SEC specifically asked whether the proposed fund would have to be approved if multiple competing funds began trading, assuming each fund would offer equal exposure.

In the Hashdex proposal, the SEC asked several questions about the Ethereum spot market. These questions relate to issues such as liquidity, futures-based spot prices, correlation between spot and CME Ethereum futures markets, and whether the relevant regulated markets are significant.

Pando ETF

Finally, the SEC published a notice requesting comment on rule changes proposed by Cboe BZX with respect to Pando Asset AG’s spot Bitcoin ETF.

This announcement provides substantial background information similar to previous announcements regarding spot Bitcoin ETFs. However, unlike the two Ethereum ETF announcements described above, we are not seeking answers to specific questions.

Pando Asset AG applied for a spot Bitcoin ETF on November 29th. As such, the SEC’s filing is an early notification that will not delay the process yet. Instead, it states that the SEC must approve, disapprove, or initiate additional proceedings within 45 days of publication in the Federal Register, or within a longer period of 90 days. It does not provide an exact deadline.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Next chapter of ecosystem support program

August 31, 2025

Kindly, MD’s $ 5B Bitcoin Play comes as DATS raises fear of wider Altcoin fluidity.

August 27, 2025

Bitcoin News Today: Ether (ETH) is 5K $ 5K and BTC Eyes is recorded as Powell Sparks Rally. DAT transaction risk: Be careful with asset managers

August 23, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 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

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Bitcoin’s priced $ 104K price is about $ 400 million in Bearish BTC Bets to open for additional profits.

May 11, 2025

The Daily: Grayscale’s MKR Fund, Coinbase in Hawaii, Bitfarms Co-Founder Leaving Board, etc.

August 14, 2024

3 Signs Bitcoin’s Q3 Close Is Bullish

October 1, 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.