Ethereum

Franklin

<ul class="news-points">
 <li><strong>SEC approves Notices of Effectiveness for nine spot Ethereum ETFs. </strong></li>
 <li><strong>Grayscale’s Ethereum Trust is listed on the NYSE. </strong></li>
 <li><strong>Bitwise to donate 10% of Ethereum ETF profits to support open-source development.</strong></li>
</ul>
<p>The U.S. Securities and Exchange Commission (SEC) has officially approved the <a href="https://www.sec.gov/Archives/edgar/data/1860788/999999999524002212/xslEFFECTX01/primary_doc.xml" target="_blank" rel="noopener noreferrer nofollow">Notices of Effectiveness</a> for nine spot ETH ETFs, weeks after the final forms were submitted. Following this green light, the ETFs will begin trading at the opening of U.S. markets at 9:30 a.m. Eastern Time on July 23.</p>
<p>On Monday afternoon, the SEC approved the registration forms of nine firms, including Fidelity, 21Shares, BlackRock, Bitwise, VanEck, and Invesco Galaxy. Grayscale’s Ethereum Trust, Franklin Templeton, and Ethereum Mini Trust registration forms also received approval.</p>
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Grayscale is excited to announce the launch of Grayscale Ethereum Mini Trust, ticker: <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>. Investors can get <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> exposure in their portfolio at 0% fee for the first six months*.<br><br>Our flagship Ethereum fund, Grayscale Ethereum Trust, ticker: <a href="https://twitter.com/search?q=%24ETHE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETHE</a> also uplisted to <a href="https://twitter.com/NYSE?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@NYSE</a>. <a href="https://t.co/tRKsQILVvW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/tRKsQILVvW</a></p>— Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1815688403381531021?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>These approvals follow the SEC’s acceptance of 19b-4 for…</p>
<p>The post <a href="https://coinedition.com/bitwise-to-donate-10-of-eth-etf-profits-to-ethereum-development-a-philanthropic-first/" rel="noopener noreferrer nofollow">Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First

Coin Edition

Other articles published on Jul 23, 2024

ETH exchange inflow increased 116% ahead of spot ETF launch

HNT Token Surges Over 48% As Helium Hits 100K Mobile Subscribers

Ethereum ETFs are here! Everything to know before you start trading

Bitcoin Mining Company Marathon Digital Fined $138 Million! Here's Why!

Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary

Shiba Inu’s ($SHIB) Best Friend Husky Inu ($HINU) Is Now on Presale

Join our free newsletter for daily crypto updates!