US SEC begins review of Fidelity’s Ethereum ETF listing application

11 months ago 69

Pubcom period following Bitcoin ETF

The US SEC has begun soliciting public comments on Fidelity’s application to list the physical currency Ethereum (ETH) on an ETF. The period will be 21 days.

Fidelity’s application, called Fidelity Ethereum Fund, was filed on November 17th and aims to be listed on the Cboe BZX.

connection: US Fidelity also begins listing application for virtual currency Ethereum ETF

Public comment is a procedure that the SEC uses when reviewing a company’s listing application, and it officially marks the start of the 240-day review period.

connection:Learn about Bitcoin ETFs from the beginning: Explaining the advantages and disadvantages of investing and how to buy US stocks

Bitcoin ETF special feature

Fidelity said in response to the application, “Approval of a physical ETH ETP (an ETF is a type of ETP) would be a major victory for the protection of U.S. investors in the crypto asset space.” Without these institutional products, they would be forced to move to riskier alternatives and face greater risks.”

In addition to Fidelity, BlackRock and Grayscale are also applying to list their Ethereum ETFs.

connection:BlackRock’s virtual currency Ethereum ETF listing application progresses

This week’s movements

This week’s Bitcoin ETF-related movements are as follows.

Bitcoin ETF review list Source: Bloomberg Intelligence

Bitcoin ETF special feature

CoinPost official app (1.7.15) has been released on iOS and Android
・iOS17 compatible
・Improved display of in-app WebView
・Improved behavior when tapping notifications
Such… pic.twitter.com/Y8dikLRBe7

— CoinPost (virtual currency media) (@coin_post) November 15, 2023

The post US SEC begins review of Fidelity’s Ethereum ETF listing application appeared first on Our Bitcoin News.

Read Entire Article