Fidelity's Ethereum spot ETF has been officially listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $FETH. This announcement closely follows the US Securities and Exchange Commission's (SEC) approval of spot Ethereum exchange-traded funds (ETFs) on May 23.
Fidelity’s Ethereum spot ETF is now listed onDTCC
Alongside Fidelity, BlackRock's Ethereum fund, iShares Ethereum Trust, is listed under the ticker $ETHA, while VanEck's Ethereum ETF is listed as $ETHV and Franklin Templeton's as EZET.
The SEC's acceptance of the 19b-4 forms for the spot Ethereum ETFs marks a significant milestone. However, the commencement of trading is pending the approval of each ETF's S-1 filing.
Discussions between the SEC and ETF issuers regarding the S-1 forms are ongoing. However, the timeline for trading approval remains uncertain, with estimates ranging from weeks to months.
VanEck was among the first to submit an amended S-1 form on May 23, with BlackRock subsequently updating its S-1 filing. The S-1 form acts as an initial registration document required by the SEC before a security can be offered to the public.
Prudential Singapore and AI CREATE's "The Dream Creator" will feature AI-driven interactive art at the ArtScience Museum as part of the "In the Ether" festival from 1-30 September 2024. Presented by the ArtScience Museum in partnership with Ethereum Singapore, the festival will showcase the role of blockchain and AI in innovation.
JoyPavel Durov's legal issues raise concerns about potential disruptions in the crypto market, particularly for Toncoin. Despite these challenges, the broader cryptocurrency market shows resilience, with key assets like Bitcoin and Ethereum maintaining stability.
EdmundThis article briefly introduces how to buy Bitcoin and Ethereum on the trading platform, including choosing a platform, creating an account, recharging funds, placing orders to buy, and withdrawing virtual currency. It provides a safe and efficient cryptocurrency investment guide for Chinese investors around the world.
WeiliangVitalik Buterin donated over $500K in animal-themed meme coins to charity, urging more practical utility for meme coins. Is this a genuine act of altruism or a strategic move to enhance his image while offloading coins?
KikyoJustin Sun's recent Ethereum transactions, including moves to AAVE and Poloniex, are strategic decisions focused on liquidity management, not indicators of a broader market sell-off.
SanyaIndia's crude oil trade with the UAE via XRP Ledger marks a major blockchain breakthrough, highlighting XRP's rising potential and altcoin impact.
Huang BoBitcoin surges past $60,000, briefly exceeding $62,000, driven by a rebound in Asian equities and a clearing of leveraged positions.
Edmund$2 billion in Ethereum moves from Plus Token scam wallets, sparking market speculation and concerns.
HafizJapan's policy shift boosts Bitcoin slightly, while Ethereum sees increased investor interest and inflows amid broader market instability.
HafizJustin Sun withdrew 14,884 ETH from Binance amidst market volatility, while Ethereum showed signs of recovery. The market's fear and greed index dropped, but US-based Ether ETFs experienced positive inflows.
BerniceThe electric vehicle (EV) market has experienced rapid growth over the past decade, transitioning from a niche sector to a significant player in the global automotive industry. Tesla has long been considered the dominant force in the industry. However, recent trends indicate that Tesla's market supremacy might be under threat.
WilfredElon Musk has emerged victorious in the litigation battle against Tesla shareholders, securing his record-breaking $56 billion pay package. However, this triumph raises the question: has he lost the broader war?
WilfredMusk faces a shareholder lawsuit for alleged insider trading before the Twitter acquisition. Amidst this, Tesla's eighth-largest shareholder opposes his $56 billion compensation plan, which goes to vote soon.
ZeZhengDOGE, Musk breaks: Tesla will accept Dogecoin payment Golden Finance, Tesla will accept DOGE payment
JinseFinanceElon Musk confirmed at a recent press conference that Tesla will soon enable Dogecoin payments, stating that DOGE will soon become one of the official payment methods for purchasing Teslas. But he did not specify when the payment method is expected to be enabled.
JinseFinanceTesla, BTC, Tesla bought another $70 million worth of BTC? Golden Finance, Musk and Tesla have remained silent on this funding change.
JinseFinanceThe company reported $33 million in impairment charges to its bitcoin holdings, however.
CoindeskWelt’s Holger Zscaepitz also took to Twitter to reveal that Tesla, with a price of around $109, has never been further away from the average analysts’ price target ($255).
FinboldThe electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
OthersElon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells.
Cointelegraph