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SEC holds Ethereum ETF approval until May despite staking additions


The US SEC delayed the approval procedures of Ethereum exchange-traded funds (ETFs), affecting the approaches of investment firms, including Ark Invest, Hashdex, VanEck, and Grayscale, adding a staking component to the applications of the ETH ETF along with Fidelity. Both James Seyffart and Eric...

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares


Regulatory uncertainty persists as the U.S. SEC pushes back the decision date for Hashdex and ARK 21Shares' spot Ethereum ETF applications, aiming for comprehensive review. The post SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares appeared first on Cryptonews

Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade


An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks.  The Dencun upgrade...

Grayscale Investments Submits Revised Application for Spot Ethereum ETF


Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments,...

Fidelity Updates Spot Ethereum ETF Application to Include Staking


Fidelity has updated its Spot Ethereum exchange traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) on March 18 to include staking. The post Fidelity Updates Spot Ethereum ETF Application to Include Staking appeared first on Cryptonews

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