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VanEck’s highly-anticipated spot ether ETF was listed on the DTCC website, which includes both active and not yet active funds.Earlier this week, the SEC reportedly asked U.S. issuers to amend and refile 19b-4 forms on spot ether ETFs.The SEC has yet to approve spot ether ETFs.
The EIP-3074/EIP-7702 event of Ethereum reveals the complexity of its governance structure: in addition to the formal governance process, the informal roadmaps proposed by researchers also hold significant influence.
Optimism continues to rise as the U.S. Securities and Exchange Commission (SEC) shows a significant shift in its stance towards potentially approving a spot Ethereum ETF, exciting crypto investors and driving the market upwards.
Memecoins on the Ethereum blockchain have surged amid a change in sentiment regarding the approval of spot ether ETFs in the U.S.PEPE’s price has risen 16% in the past 24 hours, while LADYS and DOGE increased roughly 30% and 6%, respectively.
In a previous filing, Grayscale had proposed to investors the ability to stake ether through the trust. Grayscale’s updated filing did not include staking language. Other issuers, including Fidelity, have made similar moves.
The recent optimistic signals regarding spot ether exchange-traded funds come at an opportune moment for bitcoin, with the digital asset’s price expected to hit new record high, an analyst said.
- 21:52Fed Chair Powell: 2% inflation still a goalFederal Reserve Chairman Jerome Powell appeared before the Congressional Senate Committee on Finance, Housing, and Urban Affairs to deliver his semi-annual monetary policy testimony and answer questions from lawmakers. Highlights of Powell's testimony included: Inflation has moved significantly closer to the 2% long-term target, although it remains slightly higher. Risks to the dual-mission target are being closely monitored. Recent data suggest that economic activity continues to expand at a solid pace. Broad indicators suggest that the labour market is generally in balance and is not putting significant pressure on inflation. The reduction in the size of securities held by the Federal Reserve will continue. Monetary policy has become substantially less restrictive and the economy remains strong, so there is no need to adjust the policy stance hastily. The FOMC will comprehensively assess the latest data, changes in the economic outlook, and the balance of risks. As the economy evolves, the Fed will adjust its policy stance to maximise employment and price stability.
- 21:50Trump: wants immediate shutdown of Department of EducationPresident Donald Trump says he wants the Department of Education shut down immediately.
- 21:31Fed Chair Powell: Fed Not Doing Anything Aimed at Boosting CBDCsFederal Reserve Chairman Jerome Powell said that the Fed has not undertaken any work aimed at promoting the development of retail central bank digital currencies (CBDC).