Will $ETH #ETF be like $BTC ETF, where true and false news frequently appeared during the approval process, and the price jumped up and down?
On May 23, the U.S. Securities and Exchange Commission (SEC) reviewed the "ARK 21Shares Ethereum ETF" jointly submitted by ARKInvest and 21Shares, and the "VanEck Ethereum Spot ETF" submitted by Cboe BZX.
It is reported that the "ARK 21Shares Ethereum ETF" of asset management companies ARKInvest and 21Shares will directly invest in ETH and trade on the Cboe BZX exchange. 21Shares is the sponsor of the trust, Delaware Trust Company is the trustee, and #coinbase Custody Trust Company is the custodian.
Whether the ETF is passed or not, it will definitely cause a large fluctuation in prices during the period. Pay attention to market risks! Especially contract users! #合约交易 #3friends