Important details concerning the creation and redemption procedures, cash and in-kind models, asset protection, loss prevention and custody “were figured out” in the spot Bitcoin ETF applications, the Grayscale executive explained.exchange-traded funds will be approved in May despite recent “chatter” about the U.S. securities regulator’s “lack of engagement” with applicants.
“So in many ways, the SEC already has engaged and issuers simply have less to engage on this time," he said, adding:However, ETF issuers looking to incorporate staking into their spot Ether ETFs would have an additional issue to “hash out” with the regulator.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC pushes back decision on Grayscale Ether futures ETFIn a recent filing, the SEC indicates that it needs additional time to decide on crypto asset manager Grayscale's application for its Ethereum Futures Trust ETF, extending the deadline until the end of May.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: TheBlock__ - 🏆 464. / 53 Read more »
SEC Postpones Decision on Spot Ether ETF ApplicationThe SEC has extended the time period for the approval or disapproval of the Cboe BZX Exchange's application to list and trade shares of the VanEck Ethereum ETF. The final decision will be made by May 23.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: TheBlock__ - 🏆 464. / 53 Read more »