21Shares Etfeum ETF proposal for placing in the ETF that recognized the sec

The US Secure and Exchange Commission (SEC) recognized the 19b-4 Brief from CBOE BZX Exchange, submitted on behalf of 21Shares, seeking approval of Ethereum holding in 21shares core Etfeum ETF.

20. February, SEC published A statement admitting to receive 21shares’ Etherem (El) ETF proposal for exposure after reviewing the application of the CBOE BZX. If approved, this would be the first time Etherum ETF offers commitment in the United States.

The balance of the ETH plan strives to enable ETF to produce additional profit, which investors will receive. The document states that everyone stood an ether to be owned by trust, by setting it except models such as putting-service or delegated commitment previously met with the regulatory opposition.

Sex has always had a strict policy regarding the share of shares. The government categorized activities concerning the form of the Securities in the former chair Gari Gensler, leading to many Etherum ETF publishers to remove equalization from their registration.

But under Trump administration, SEC has adopted more pro-crypto stops, creating a dedicated crypto group and review the classification of some tokens as securities. According to analysts, a more transparent legal framework, according to analysts, can encourage the broader adoption, especially among institutions looking for more information in the digital asset market.

The suggestion It coincides with increasing institutional demand for funds traded by Etherem. According to the recent 13f submissions, ownership in the ETF has increased from 4.8% to 14.5% in K4 2024, while the ownership of BitCoin ETFs decreased to 22.3% per 22.5%. ETH ETF SWEET also watches many as the main catalyst This could increase the price of ETE.

In related development, SEC is a recent recognition in the fight, 21shares and registration of Graiscale for Ripple (XRP) Spot ETFS has caused speculation on the wider adoption of the CRIPTO ETFS. Given the growing regulatory shifts, the next few months could be critical for Etherum, KSRP and other digital assets that seek institutional adoption.