Galaxy Digital to File for Ethereum Spot ETF
It has been rumored that on September 29th Invesco and Galaxy Digital have submitted an application for an Ethereum spot ETF with the U.S. SEC. Despite this there is a growing trend of asset management companies exploring asset offerings. This information came from Bloomberg ETF expert James Seyffart on X (formerly known as Twitter). However the application was not publicly available in the SECs database at that time. When asked about it Invesco did not confirm the application. Mentioned they cannot comment on ongoing registrations. Cointelegraph is still awaiting a response from Galaxy Digital.
In addition to this filing Invesco and Galaxy are part of a list of firms seeking approval for an Ethereum spot ETF. On September 27th the SEC decided to postpone their decision on applications by ARK 21Shares and VanEck until December 25
First found on: https://coinatory.com/cryptocurrency-news/galaxy-digital-spot-etf-13721/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP
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