Update ETH SPOT ETF.
As of now, eight companies have filed S-1 amendments for Ethereum Spot ETF applications. These companies include:
VanEck, Invesco & Galaxy, Franklin Templeton, Grayscale, BlackRock, Fidelity, 21Shares and BitwiseInvest.
These amendments primarily remove provisions related to ETH staking, in order to meet SEC requirements and increase the likelihood of approval. This shows careful preparation and adjustment from companies to be able to soon deploy Ethereum ETF Spot products in the market.
The filing of these amendments is an important step in the SEC approval process, and analysts expect that these ETFs will be approved and launched within the next week.