Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The U.S. SEC will make a decision and approve the Ethereum spot ETF before the end of May

The U.S. SEC will make a decision and approve the Ethereum spot ETF before the end of May

Cointime2024/01/11 03:43
By: Cointime
ETH+2.17%ARK+2.62%

On January 11th, the US SEC will make a decision on the approval of five Ethereum spot ETFs by the end of May. They will make a decision on the iShares Ethereum Trust and Fidelity Ethereum Fund, launched by Balckrock and Fidelity, respectively, on January 21st and January 25th, but may delay the final decision until August.

In addition, the final decision deadline for three Ethereum spot ETFs that have already applied is the end of May 2024, before which the US SEC needs to make a final decision on whether to approve them or not. They are VanEck Ethereum ETF, Ark 21Shares Ethereum ETF, and Hashdex Ethereum ETF, with final deadlines on May 23rd, May 24th, and May 30th, respectively.

In addition, the SEC must make a decision on Grayscale's application by June 18th and on Invesco's application by July 5th. Fidelity and Balckrock's applications must be decided by August 3rd and August 7th, respectively.

Previously, Bloomberg ETF analyst Eric Balchunas stated that he estimates a 70% chance of approval for ETH spot ETFs in May.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitget Onchain trading system upgrade completed
Bitget Announcement2025/09/17 03:33
New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28

Trending news

More
1
New spot margin trading pairs — SKY/USDT, ALGO/USDT, MERL/USDT!
2
Bitget Onchain trading system upgrade completed

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,360.24
-0.40%
Ethereum
Ethereum
ETH
$4,576.4
+1.21%
XRP
XRP
XRP
$3.08
+0.81%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$986.6
+3.08%
Solana
Solana
SOL
$244.23
+2.50%
USDC
USDC
USDC
$1.0000
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2812
+3.80%
TRON
TRON
TRX
$0.3432
+0.05%
Cardano
Cardano
ADA
$0.9069
+2.65%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter