VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC
Lower than two days after submitting separate purposes to the US Securities and Alternate Fee (SEC), asset managers VanEck and ProShares have seemingly determined to not pursue exchange-traded funds (EFTs) with publicity to Ether.
In particular person Friday filings with the SEC, authorized representatives of VanEck and ProShares each mentioned the companies had elected to not proceed with registering their respective Ether-based exchange-traded funds. VanEck had submitted a submitting to launch an “ Technique ETF” with the SEC on Wednesday, whereas ProShares utilized for an “Ether Technique ETF” the identical day.
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