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News Explorer — Bitwise's Updated Filing Signals the Imminent Launch of Ethereum Spot ETFs

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Jul 3, 10:01 pm

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Bitwise's Updated Filing Signals the Imminent Launch of Ethereum Spot ETFs

Bitwise has submitted an updated registration statement for its proposed Ethereum ETF, revealing plans to waive fees. This move, along with similar ones from Franklin Templeton and VanEck, indicates that the launch of Ethereum ETFs is imminent. The SEC's last-minute approval in May has fueled anticipation for the trading of spot Ethereum ETFs, although individual S-1 filings from asset managers still need to be greenlit for trading to begin.

Bitwise has submitted an updated registration statement for its proposed Ethereum ETF, revealing plans to waive fees. This move, along with similar ones from Franklin Templeton and VanEck, indicates that the launch of Ethereum ETFs is imminent. The SEC's last-minute approval in May has fueled anticipation for the trading of spot Ethereum ETFs, although individual S-1 filings from asset managers still need to be greenlit for trading to begin.

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