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VanEck is the first company to submit an application for an Ethereum spot ETF and hopes to be listed in the first batch

VanEck is the first company to submit an application for an Ethereum spot ETF and hopes to be listed in the first batch

Cointime2024/05/22 15:58
By: Cointime
ETH+1.40%

Matthew Sigel of VanEck posted on Spaces stating, "We were the first to submit (an application for an Ethereum spot ETF) and hope to be the first company to receive a response and be listed in the first batch. The timing of the submission was important and should still be so (relative to the SEC allowing everyone to submit on the same day, which favors large companies)."Earlier today, according to DTCC data, VanEck's asset management group launched the Ethereum spot ETF "VANECK ETHEREUM TR SHS" (code ETHV), which is listed on the DTCC (US Securities Central Depository and Settlement Company) website with the "Create/Redeem" column showing as N.

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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