In a few days, on April 30, Hong Kong's first Ethereum spot ETF will officially go on sale! Combined with the recent purchase of ETH from exchanges such as Binance by bigwigs such as Sun Ge and withdrawing suspected "buying coins for the country", it seems that the Americans can't sit still! SEC Solicits Comments on BlackRock's Revised Ethereum Spot ETF Proposal. #ETH #比特币减半

On April 24, the U.S. Securities and Exchange Commission (SEC) asked the public to comment on the revised Ethereum spot exchange-traded fund (ETF) proposal by BlackRock, the world's largest asset management company.

BlackRock submitted an application for an Ethereum spot ETF in November 2023 and named it iShares Ethereum Trust, which aims to [reflect the overall performance of Ethereum prices].

In January of this year, the SEC postponed its decision on the proposal, and on April 19, Nasdaq revised the proposal. The SEC said in a filing on Tuesday that [the Commission issues this notice to solicit comments from relevant parties on the revised proposed rule changes. ] Comments will be published on the SEC website.

The deadline is 21 days later. In the revised proposal, the exchange discussed the ETF creation and redemption process, saying [baskets will be issued or redeemed only in cash amounts determined by the trustee each day that Nasdaq is open for regular trading]. This is different from the original proposal from November last year, which said the process would involve Ethereum. #BTC #Binance #BNB