According to Odaily, Ethereum Exchange Traded Fund (ETF) issuers are required to submit updates to their 19b-4 filing documents by 10:30 local time today. This information was disclosed by Fox Business reporter Eleanor Terrett on platform X.
In addition to this, the latest news from Fidelity indicates that staking Ethereum (ETH) is not feasible. There has been some contact regarding the S-1, but the specifics of this are currently unclear.
It is important to note that the 19b-4 filing is a document that must be submitted to the Securities and Exchange Commission (SEC) by any company seeking to list a new issue of securities on a U.S. exchange. The S-1, on the other hand, is a registration filing form for new securities with the SEC.
The news comes amid growing interest in Ethereum and other cryptocurrencies, with many investors looking for ways to gain exposure to these digital assets. However, the regulatory landscape remains uncertain, and companies must navigate these complexities when launching new products or services.