Fidelity, another major player in the financial industry, has shown interest in the Ethereum ETF by filing a product application with the SEC via Cboe.1
The same can be said for Van Dyke. This well-known asset management company was the first to submit a proposal for an #MemeWatch2024 #ETF , but withdrew it in 2021.
Brazilian asset management company Hashdex partnered with Nasdaq to submit a proposal to create the Hashdex Nasdaq Ethereum ETF, capitalizing on its success with the Brazilian #cryptocurrency Etf.
Franklin Templeton's proposal for the Franklin Ethereum Trust includes stacking as part of its investment strategy. As stacking is gaining popularity in the cryptocurrency space, Franklin Templeton aims to present a unique value proposition and provide more opportunities for investors.
Invesco, Galaxy Digital and Bitwise have also submitted proposals to create an Ethereum ETF, adding them to the list of applicants awaiting SEC approval.
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