Several asset managers have filed amendments to spot Ethereum ETFs with the SEC. VanEck filed an amended registration statement for a spot Ethereum ETF, now renamed the VanEck Ethereum Trust. It was followed by 21Shares filing new registration documents for its spot Ethereum ETF. Grayscale also joined the fray, filing two amendments: one for its $28 billion Grayscale Ethereum Trust and another for a more cost-effective “mini” ETF. The filing frenzy continues, with Franklin Templeton, Fidelity, and BlackRock each filing amended applications for spot Ethereum ETFs. Notably, none of the filings disclosed planned fees, a detail that Bloomberg ETF analyst Eric Balchunas noted is not yet required by the SEC. Balchunas said another round of updates, including fees, is expected before final approval, which could be around July 18. VanEck’s amended registration statement removed some regulatory language regarding custody. The deleted section previously described how Ethereum withdrawals would be processed through an entity designated as a fund to safeguard assets. The changes mirror adjustments Bitwise made last week, which included details about the U.S. Securities and Exchange Commission’s (SEC) compliance stance on crypto markets. VanEck’s filing also highlights Gensler’s call for federal legislation focused on digital asset trading to prevent exchanges, products and platforms from “falling into a regulatory loophole.” Similarly, 21Shares’ revised filing includes disclosure language about the SEC’s regulatory efforts. Although the SEC approved several key filings for a spot Ethereum ETF in May, the regulator still needs to approve the S-1 forms of eight asset managers. Gensler previously said the approval process is contingent on the asset managers’ ability to provide comprehensive disclosures.

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