The third modification to Fidelity's S-1 form for an Ethereum ETF was just submitted
Experts anticipate that Ethereum exchange-traded funds (ETFs) may debut around July 2.
Fidelity has just submitted its third revision to the S-1 form for an Ethereum ETF, according to new reports from Bloomberg’s analyst James Seyffart.
Noting that there is now no price involved, Eric Balchunas also posted the message on his X account. According to him, Bitwise did not include a charge, and Franklin Templeton is the only one that does.
Furthermore, according to Balchunas, it is probable that everyone is holding out until the very last minute, or until BlackRock releases its data, before deciding what to orbit around.
In a previous piece, Balchunas said that today there would be many revised S-1 forms. After that, it will be up to the SEC to inform issuers of any final revisions and their impact, or the final approval.
He reiterated his earlier statement that July 2 might be the debut date of Ethereum ETFs, suggesting that they are standing by their promise.
In response to a follower's question about any updates on staking after the SEC's conclusion of their investigation into Consensys, Seyffart said that there has been no news about this matter so far.
Ethereum programmers, tech suppliers, and industry players celebrated a big victory on June 19 when Consensys made the announcement.
The Consensys team just announced on X that they have received notification from the SEC's Enforcement Division that their investigation into Ethereum 2.0 is coming to a close.
According to the same documents, this suggests that the SEC will not file charges claiming that the sale of Ethereum constitutes a securities transaction.
In a letter written to the SEC on June 7, Consensys requested confirmation that the May ETH ETF permits, which were based on ETH being a commodity, meant that the regulator would conclude its inquiry of Ethereum 2.0. This crucial conclusion follows the letter.
