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Fidelity’s Ethereum spot ETF listed on DTCC under ticker $FETH

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Constancy’s Ethereum spot ETF has been listed on the Depository Belief and Clearing Company (DTCC) below the ticker image $FETH. This growth comes on the heels of the US Securities and Change Fee’s (SEC) approval of spot Ethereum exchange-traded funds (ETFs) on Might 23.

Constancy’s Ethereum spot ETF is now listed on DTCC

BlackRock’s Ethereum fund, iShares Ethereum Belief, is listed on the DTCC below ticker $ETHA. VanEck’s Ethereum ETF is listed below ticker $ETHV and Franklin Templeton’s below ticker EZET.

The SEC’s acceptance of the 19b-4 kinds for the spot Ethereum ETFs marks a significant step, though the graduation of buying and selling awaits the approval of every ETF’s S-1 submitting.

Discussions between the SEC and ETF issuers in regards to the S-1 kinds are reportedly underway. Nevertheless, the timeframe for the buying and selling approval is unsure, with projections starting from weeks to months.

VanEck was among the many first to submit an amended S-1 type on Might 23, with BlackRock following swimsuit with an up to date S-1 submitting as we speak. The S-1 type serves as an preliminary registration doc that have to be filed with the SEC earlier than a safety could be provided to the general public.

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