The SEC just approved 19b-4 filings for eight Ethereum spot ETFs proposed by major institutions like BlackRock, Franklin Templeton, Fidelity, VanEck, among others.
While the 19b-4 filings have SEC approval, issuers must wait for S-1 registration statements to pass before trading can begin, which may take weeks. This approval indicates an improving regulatory environment for crypto in the U.S., paving the way for further innovation within the Ethereum ecosystem.
To facilitate easier exploration of the Ethereum ecosystem, imToken has launched TokenHub. Through TokenHub, users can effortlessly participate in the latest airdrop events, and win rewards.
Head over to TokenHub: https://dapp.token.im/dapps/tokenhub
imToken Team
May 24, 2024 SGT