SEC Spot Ethereum ETF 19b-4 Approval event

Event · PageRank 0.0037

Overview

On May 23, 2024 the US Securities and Exchange Commission approved the 19b-4 exchange rule changes permitting the listing and trading of eight spot ether exchange-traded funds, from issuers including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, ARK/21Shares and Invesco Galaxy. The approval covered only the exchange listing rules; the funds could not trade until their individual S-1 registration statements were declared effective. That happened on July 22, 2024, and the spot ether ETFs began trading on July 23, 2024.

Within the DeFi Intel graph, SEC Spot Ethereum ETF 19b-4 Approval connects to 5 tracked entities, most strongly to SEC, Fidelity Ethereum Fund, Grayscale Ethereum Trust ETF.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).

Frequently asked questions

What exactly did the SEC approve in May 2024?

On May 23, 2024 the SEC approved the 19b-4 rule changes allowing exchanges to list and trade eight spot ether ETFs — a listing approval, not final clearance to trade.

When did the ether ETFs actually start trading?

On July 23, 2024, after the SEC declared the issuers' S-1 registration statements effective on July 22, 2024.

Which issuers were involved?

Reported issuers included BlackRock (iShares Ethereum Trust), Fidelity, Grayscale, Bitwise, VanEck, ARK/21Shares, Franklin Templeton and Invesco Galaxy.