Home > web3.0 > VanEck Files 8-A Form for Spot Ethereum ETF, Which Is a Good Sign for a July 2 Launch: Expert

VanEck Files 8-A Form for Spot Ethereum ETF, Which Is a Good Sign for a July 2 Launch: Expert

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Release: 2024-06-27 06:04:27
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VanEck Files 8-A Form for Spot Ethereum ETF, Which Is a Good Sign for a July 2 Launch: Expert

An ETF expert noted a very interesting development related to Ethereum spot ETF products and said that we are just 7 days far from final approval. A closer look at the filings revealed that VanEck just filed an 8-A form for a spot Ethereum ETF, multiple filings were spotted by Bloomberg ETF expert Eric Balchunas on Monday. He highlighted that VanEck filed the same form for their spot Bitcoin ETF seven days before its launch. Balchunas pointed out that this could be an indication of their over/under for July 2, which is now just seven days away. However, he also noted that anything is possible and more information will likely be available soon. Some cryptoX (formerly Twitter) users asked whether there will be any option for Ethereum staking for ETHETF buyers. Balchunas clarified that there are no details regarding this, which means ETH spot ETF issuers will not provide ETH staking services. Some cryptoX (formerly Twitter) users asked whether there will be any option for Ethereum staking for ETHETF buyers. Balchunas clarified that there are no details regarding this, which means ETH spot ETF issuers will not provide ETH staking services.

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source:kdj.com
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