VanEck Files Form 8-A For Spot Ether ETF, Is Approval Close?
Investment management firm VanEck has filed an 8-A form for its pending Spot Ether ETF application. According to Bloomberg ETF analysts, this can be a signal that the full approval of the Ether ETFs is close. Senior Bloomberg ETF analyst Eric Balchunas pointed to VanEck’s 8-A filing for its Bitcoin ETF and the timeline around that approval as a clue for a potential launch window of an Ether ETF. According to Balchunas, VanEck’s 8-A filing for its Bitcoin ETF was filed seven days before the investment fund launched on the market. Thus, since we are a week away from the previously predicted July 2 launch of Ether ETFs, that prediction seems more plausible. In a post to X, Balchunas said it “should be noted that they filed their 8-A for spot bitcoin exactly 7 days before launch.” He added that this realization was a “Good sign” for their July 2nd over/under date. “But again, anything [is possible] Sure we’ll hear more soon..” Early this month, ...