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Which issuer's Spot Ether ETF will have the highest trading volume in the first week after launch?
2
Resolution / Starting Odds
BlackRock • 25%
Franklin Templeton • 25%
VanEck • 25%
Other • 25%
Official trading volume data from stock exchanges or financial data providers
Story
SEC Gives Preliminary Approval to BlackRock, Franklin Templeton, and VanEck for Spot Ether ETFs Launching July 23
Jul 15, 2024, 07:59 PM
The U.S. Securities and Exchange Commission (SEC) has given preliminary approval to BlackRock, Franklin Templeton, and VanEck for their spot Ether ETFs. Issuers must submit final S-1 filings by July 16, targeting a launch on July 23. This approval is expected to unlock significant institutional investment in Ethereum and potentially other altcoins. The Ethereum price has already surged above $3,400 in anticipation of the ETFs' launch. Major financial players like Fidelity and ARK Investments are also seeking approval. In total, eight issuers are expected to launch their ETFs simultaneously.
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