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Bloomberg Analyst: Ethereum spot ETF could be listed as early as next week, due to Bitwise's early submission of the revised S-1 form

Bloomberg Analyst: Ethereum spot ETF could be listed as early as next week, due to Bitwise's early submission of the revised S-1 form

Bitget2024/07/03 23:19
ETH-0.72%

BlockBeats reports that on July 4th, Bloomberg ETF analyst James Seyffart posted on social media stating, "Asset management company Bitwise has submitted a revised S-1 form for its Ethereum spot ETF, several days ahead of the July 8 deadline. We expect other issuers to submit more revised S-1 forms this week. We believe these products may be listed later next week or during the week of the 15th.

An important update is that Bitwise has indeed added a fee waiver for up to $500 million in assets under management over six months. We don't yet know the specific fees, but there are indeed reductions."

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.
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