Crypto investors are eagerly waiting for the approval of spot Ethereum ETF applications, which will mark the official start for trading these crypto investment products.
Moments ago 21Shares filed the updated S-1 application for their spot Ethereum ETF:
21Shares spot eth ETF S-1 amendment posted…
No fee. pic.twitter.com/pe5nagqMQl
— Nate Geraci (@NateGeraci) July 8, 2024
This is the second company to do so today after VanEck filed their corrections a couple of hours ago.
Reportedly, the forms were returned with minor remarks and issuers were given until July 8 to rectify and resubmit them.
Experts believe that the applications will be approved by the end of the week, marking a new era for cryptocurrency trading.
At the time of writing Ethereum is trading at $2,980 with no significant price swings within the past hour. The top altcoin, however, registered at 14% decline on the weekly chart, following Bitcoin’s sell-off.
A new report from on-chain analytics platform Santiment has identified standout crypto projects that posted the largest gains across various performance metrics during June 2025.
The move follows the exchange’s routine asset evaluations, which are aimed at maintaining quality standards and user protection.
Sui (SUI) has gone up by nearly 4% in the past 24 hours and its performance is diverging from that of other altcoins after some interesting technical news. Popular trading accounts on X pointed out that Sui’s trading volumes in June surpassed those of well-established tokens like BNB Coin (BNB) and Hyperliquid (HYPER) by $7 […]
The U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), finalizing its transition from an over-the-counter product into a fully regulated ETF structure.