Today marks an important milestone in the field of cryptocurrency investment, as VanEck has officially resubmitted its application for an Ethereum exchange-traded fund (ETF) with the S-1 filing.
Although VanEck has already outlined its fee structure in previous amended filings with the U.S. Securities and Exchange Commission (SEC), this formal filing is a procedural step that shifts the responsibility back to the SEC, which must review these documents and potentially approve them.
Read more:
Three cryptocurrencies to avoid this week
According to the information, the form was returned with some minor comments, and the issuer was asked to delete and resubmit by August 8th.
Investors and market observers are eagerly awaiting the submission of the remaining documents, which are expected to be submitted later today, except for Bitwise, whose filing was submitted last week.
The first S-1 just arrived from VanEck today. Looking forward to what’s left for today, besides what Bitwise did last week.
pic.twitter.com/gF6OZTKIrs
-Eric Balchunas (@EricBalchunas)
July 8, 2024
VanEck Files Updated Ethereum ETF S1 Document
