VanEck, ARK filings ‘officially’ start clock for spot Ethereum ETFs: Analyst

Stock exchange CBOE has requested for the SEC to review spot Ethereum ETF applications by ARK Invest, 21Shares and VanEck to be listed on CBOE’s exchange, prompting Bloomberg ETF analyst James Seyffart to say the “race is officially on.”

In a series of tweets, Bloomberg ETF analyst James Seyffart noted that as opposed to the, the 19b-4 filings mean that the countdown for a decision by the SEC is now in motion.

“The Spot #Ethereum ETF Race is officially on,” Seyffart declared, estimating a final deadline around May 23, 2024.ETF Race is officially on. It's early but i'd estimate a final deadline on these applications to be around ~May 23, 2024. Notably, we didn't see a VanEck spot Ethereum ETF S-1 from VanEck earlier because they filed for this thing all the way back in 2021!!

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