Ethereum

Coin

<ul class="news-points">
 <li>SEC deadline for Ethereum ETFs looms this week.</li>
 <li>Approval could boost Ethereum adoption, trading.</li>
 <li>Delay raises concerns about crypto regulation.</li>
</ul>
The SEC faces a crucial deadline this week to decide on the approval of exchange-traded funds (ETFs) based on Ethereum, according to a social media post by Nate Geraci, president of <a href="https://etfstore.com/our-team/" target="_blank" rel="noopener noreferrer nofollow">The ETF Store</a>.
Geraci, an industry expert on ETFs, highlighted the SEC’s two-pronged review process in his <a href="https://x.com/QeYcc/status/1792333564454846509" target="_blank" rel="noopener noreferrer nofollow">online post</a>. The process requires approval of both the 19b-4 filings, which address exchange rule changes, and the S-1 registration statements. Both filings are essential for bringing Ethereum ETFs to market.
Geraci expressed concern that the SEC might delay approval of the S-1 filings even if the 19b-4 filings are greenlit. This speculation stems from the SEC’s recent lack of engagement on the issue, and the inherent complexities of cryptocurrency products. Such delays would allow listing of the ETFs, but they could not be traded until the S-1 filings receive approval.
The SEC’s decision on Ethereum ETFs is keenly awaited. Approval could facilitate broader mainstream adoption of Ethereum, offering a more regulated and secure in…
The post <a href="https://coinedition.com/sec-on-the-clock-will-ethereum-etfs-finally-get-approved/" rel="noopener noreferrer nofollow">SEC on the Clock: Will Ethereum ETFs Finally Get Approved?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SEC on the Clock: Will Ethereum ETFs Finally Get Approved?

Coin Edition

Other articles published on May 20, 2024

Pink Drainer Shuts Down: How Will Fund Withdrawal Affect DeFi?

Dogwifhat Price Analysis Suggests $3 Breakout

Binance Halts Listing of Notcoin (NOT) Trading Pair NOT/BTC

Quantum Computing Threatens Crypto & Blockchain Security: Expert

Peter Schiff Blames US Gov and Fed for Inflation

Crypto Heist or Revenge Story? Ex-Employee Arrested in $1.9M Case

Join our free newsletter for daily crypto updates!