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 Opens Comment Period on Fidelity’s Proposed Ethereum ETF
ETHEREUM NEWS

SEC Opens Comment Period on Fidelity’s Proposed Ethereum ETF

By Crypto FlexsDecember 1, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC Opens Comment Period on Fidelity’s Proposed Ethereum ETF
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission (SEC) began accepting comments on Fidelity’s proposed spot Ethereum ETF with a filing on November 30th.

The filing indicates that the brokerage firm is currently seeking comments on the proposed rule changes from Cboe BZX. If approved, the rule change will allow exchanges to list and trade shares of Fidelity’s Ethereum fund.

The SEC’s request for comment is similar to similar filings regarding other proposed spot cryptocurrency ETFs. Among other things, it asks for input on surveillance, governance and market manipulation. Specifically, the filing highlights the surveillance sharing agreement that Coinbase and Cboe BZX signed in June. This is an important component also found in other pending spot cryptocurrency ETF proposals.

The filing also acknowledges the lack of existing US regulation and US exchange-traded investments providing exposure to ETH, while European markets already offer regulated investments providing exposure to spot cryptocurrency assets.

Expected to be decided by March 2024

The filing sets out a timeline for the SEC to approve, disapprove, or initiate proceedings to determine whether to approve proposed rule changes. These comments will be considered in the final decision-making process. The SEC must issue a decision within 45 days after the current notice is published in the Federal Register. However, the SEC may extend the decision period by up to 90 days and, if necessary, by an additional 60 days.

The exact deadline may vary, but Bloomberg ETF analyst James Seyffart said: estimated The SEC’s next decision on Fidelity is due on January 21, 2024, with a final decision on March 8, 2024. He added that he would learn about the “deadline in the coming weeks.”

Fidelity first applied for a spot Ethereum ETF on November 17, a few days after rival BlackRock applied for an equivalent fund on November 15. Both companies have been filing for spot Bitcoin ETFs since mid-June this summer.

Several other asset managers, including Ark Invest, VanEck and Grayscale, are also shelving spot cryptocurrency ETF proposals.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

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

$ 500m liquidation Rock Ethereum and Bitcoin: Do the collisions fuel to the whale accumulation?

August 19, 2025
Add A Comment

Comments are closed.

Recent Posts

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025

Four coins to be purchased as decisions for five branch XRP ETFs will be pushed until October.

August 30, 2025

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025

The US government checks the economic data on the chain with 60% Pyth Rocket 60% Pyth Network.

August 28, 2025

GCL Subsidiary, 2Game Digital, Partners With KuCoin Pay To Accept Secure Crypto Payments In Real Time

August 28, 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

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025
Most Popular

Binance Launches Word of the Day Initiative to Enhance Cryptocurrency Knowledge

May 20, 2024

GenMol: A New Frontier in Molecule Generation for Drug Discovery

January 19, 2025

Trader Says Rapid, Vertical Growth Could Come for Dogecoin (DOGE) Amid ‘Meme Super Cycle’

June 4, 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.