Ethereum ETF Approval May Be Imminent as VanEck Steps Up

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Spot Ethereum ETF before July 4? Investment giant VanEck boosts imminent approval odds

ETF, marking a potential breakthrough for the crypto industry. Thus, it has just been reported that a major portfolio manager has filed Form 8-A, which is an important procedural step in the ETF approval process.

Form 8-A is a filing for the SEC used by a company to register a class of securities for trading on a public exchange. When a company submits such a form, it signifies their intention to list and trade their securities on platforms like the NYSE or Nasdaq.Such a development could signal that VanEck has gotten the green light to file an application from the regulator.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.58 Million XRP in 24 Hours: What's Happening?

 

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Source: CoinDesk - 🏆 291. / 63 Read more »