🚀 WisdomTree Withdraws Ethereum Trust Filing With SEC
#wisdomtree #ethereum #sec #etf #filing #cryptocurrency #vanek #investing #financialnews #ETH
According to Cointelegraph, asset manager WisdomTree has requested to withdraw its Ethereum Trust S-1 filing with the United States Securities and Exchange Commission (SEC), more than three years after initially submitting it. The original registration statement was filed on May 27, 2021. In a recent filing with the SEC on September 6, the company confirmed that no securities have been or will be issued or sold pursuant to the registration statement. WisdomTree also acknowledged that it would not receive a refund for fees paid to the SEC for submitting its registration statement but requested that the amount be credited for future use.
The application was initially filed for the Ethereum (ETH) ETF shares to be listed on the Chicago Board Options Exchange’s BZX Exchange. This development coincides with asset manager VanEck announcing the closure of its futures-based Ether ETF due to insufficient demand as spot cryptocurrency ETFs dominate inflows. VanEck cited factors such as performance, liquidity, assets under management, and investor interest as reasons for closing the fund. Shares of the VanEck Ethereum Strategy ETF (EFUT) will stop trading on September 16, and fund assets will be liquidated and returned to investors on or around September 23.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.#wisdomtree #ethereum #sec #etf #filing #cryptocurrency #vanek #investing #financialnews #ETH
🚀 SEC May Acknowledge Grayscale's XRP ETF Filing By February
#SEC #Grayscale #XRP #ETF #Filing #Approval #Finance
According to Foresight News, Cointelegraph reports that the U.S. Securities and Exchange Commission (SEC) might recognize Grayscale's XRP ETF 19b-4 filing by February 13. This development could mark a significant step in the approval process for the exchange-traded fund.#SEC #Grayscale #XRP #ETF #Filing #Approval #Finance
🚀 Bitwise Advances Spot Dogecoin ETF Amid Regulatory Process
#Bitwise #SpotDogecoinETF #RegulatoryProcess #ETF #BlockBeats #Bloomberg #EricBalchunas #Filing #Dogecoin
According to BlockBeats, Bloomberg ETF analyst Eric Balchunas reported that Bitwise is progressing with its spot Dogecoin ETF through an 8(a) filing. This indicates that unless there is regulatory intervention, the ETF is expected to become effective within 20 days.#Bitwise #SpotDogecoinETF #RegulatoryProcess #ETF #BlockBeats #Bloomberg #EricBalchunas #Filing #Dogecoin
🚀 Invesco Submits Filing for Solana ETF Launch
#Invesco #Solana #ETF #SEC #Filing #AssetManagement #Cryptocurrency #SOL
According to Foresight News, asset management giant Invesco has filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) for its Invesco Galaxy Solana ETF. This filing is typically made just before a product is officially launched. Following the submission of such documents, trading usually begins the next day.#Invesco #Solana #ETF #SEC #Filing #AssetManagement #Cryptocurrency #SOL