Fidelity seeks green light for Ethereum ETF, following BlackRock filing
Just days After black rock deposit For THE iShares Ethereum Trust, active management farm loyalty has submitted A application For It is own Ethereum exchange traded funds (ETF).
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Loyalty, A active management farm monitoring $4.5 thousand billion In assets, has become THE last farm has seek approval For A place Ethereum (ETH) exchange traded funds (ETF).
In A deposit with The union States Securities And Exchange Commission (SECOND) on November 17, Loyalty propose has list And trade actions of THE loyalty Ethereum Funds on THE Cboe BZX Exchange. THE deposit said:
"According to has THE Registration Statement, each Share will represent A fractional undivided beneficial interest In THE Trust net assets. THE Trust assets will consist of ETH detained by THE Guardian on in the name of of THE Trust."
Update: @Loyalty joined THE place #Ethereum ETFs race by deposit A 19b-4 with @CBOE https://t.co/rxNEzpzh3g pic.twitter.com/o96XspPDEP
— James Seyffart (@JSeyff) November 17, 2023THE deposit declared that United States citizens lack A low risk Street has expose themselves has ETH:
"WE. retail investors to have missing A WE. regulated, WE. exchange- negotiated vehicle has earn exposure has ETH."
He further argued that THE existing methods For to access THE digital active involve meet consideration risk, legal uncertainty, And technical risk.
In the meantime,...
Just days After black rock deposit For THE iShares Ethereum Trust, active management farm loyalty has submitted A application For It is own Ethereum exchange traded funds (ETF).
News
Join
We
on
social
networks
Loyalty, A active management farm monitoring $4.5 thousand billion In assets, has become THE last farm has seek approval For A place Ethereum (ETH) exchange traded funds (ETF).
In A deposit with The union States Securities And Exchange Commission (SECOND) on November 17, Loyalty propose has list And trade actions of THE loyalty Ethereum Funds on THE Cboe BZX Exchange. THE deposit said:
"According to has THE Registration Statement, each Share will represent A fractional undivided beneficial interest In THE Trust net assets. THE Trust assets will consist of ETH detained by THE Guardian on in the name of of THE Trust."
Update: @Loyalty joined THE place #Ethereum ETFs race by deposit A 19b-4 with @CBOE https://t.co/rxNEzpzh3g pic.twitter.com/o96XspPDEP
— James Seyffart (@JSeyff) November 17, 2023THE deposit declared that United States citizens lack A low risk Street has expose themselves has ETH:
"WE. retail investors to have missing A WE. regulated, WE. exchange- negotiated vehicle has earn exposure has ETH."
He further argued that THE existing methods For to access THE digital active involve meet consideration risk, legal uncertainty, And technical risk.
In the meantime,...
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