Several major financial institutions, including BlackRock, Fidelity, VanEck, and Grayscale, have submitted updated S-1 filings for their proposed spot Ethereum ETFs to the SEC. The filings reveal competitive fee structures, with Franklin Templeton setting a fee at 0.19% and VanEck at 0.20%. Bloomberg ETF analyst Eric Balchunas noted that the SEC is expected to review these filings, with a potential launch date for the ETFs around July 2nd. This development has generated significant anticipation in the market, with analysts projecting strong inflows into Ethereum, potentially between $10 billion and $20 billion. Additionally, Fidelity has made a $4.7 million seed investment in its spot Ethereum ETF.
We might go from “hopium” to spot eth etfs launching in about 6 weeks… 6 weeks.
Is this a bullish chart ??? https://t.co/qmAIgm6UTp
Bloomberg Analyst Doubles Down on July 2 Spot #Ether ETF Launch Date Amidst Surge in S-1 Filings https://t.co/rQ8gk6ImT1
ETH ETF -> PEPE. why is everyone over complicating the most obvious layup in crypto? $pepe has not only proven it’s the top eth beta, it’s also the top meme of this cycle. winners continue to win. https://t.co/QWq3ua6mpP https://t.co/ant7W751I7
ETH ETF -> PEPE. why is everyone over complicating the most obvious layup in crypto? pepe has not only proven it’s the top eth beta, it’s also the top meme of this cycle. winners continue to win. https://t.co/5NCMTbDhGZ
$6,000,000,000 in ETH shorts will get liquidated at $4K. #ETH whales are buying like crazy. ETH ETF trading will happen within 10 days. 1M ETH has been withdrawn from exchanges this past week. All of this is signaling an ETH pump, which will rekt bear https://t.co/pnJFVtUhDf
The following applicants filed an updated version of their S-1 spot Ethereum ETF application: • @BitwiseInvest • @Fidelity • @vaneck_us • @FTI_Canada • @21Shares • @Grayscale • @BlackRock https://t.co/PnJFCDBS9R https://t.co/uNlbCpbyIC
With the $ETH ETF launching soon the reversal for alts is coming. It’s time for the bulls to win again.
Don't forget all the fresh $ETH all the new ETF issuers are about to buy over the next few weeks https://t.co/On7NZ48wpo
$ETH is getting closer for a massive breakout 🚀 S1 filings from ETH issuers happened yesterday, which means that ETH ETF trading is just around the corner. IMO, a new ATH for ETH will happen in Q3. https://t.co/GdAf7xHTpu
Several asset managers, including VanEck, BlackRock, Grayscale, and Invesco, submitted revised proposals for Ethereum ETFs to the SEC on June 21. VanEck revealed a 0.20% management fee, adding pressure on BlackRock to keep fees low. https://t.co/w2asOrDaU3
📜Six companies have submitted amended applications to the SEC for the registration of spot Ethereum ETFs. Two of them disclosed the commission fees of 0.19% and 0.2%. Three companies indicated the initial investment volume, which is significantly lower than that of…
BlackRock and 6 other spot Ethereum ETF applicants have filed updated S-1 spot applications with the SEC Are we getting an ETF before the end of June? https://t.co/ixAjZrLm4i
eth is trading at prices that literally had priced in an ETF denial yet we will have ETFs going live in weeks
.@BlackRock, other issuers update S-1 filing for spot #Ethereum ETFs, raising expectations for July launch https://t.co/k4NBXHMPDL
VanEck sets 0.20% fee for proposed spot ethereum ETF https://t.co/iHdNZu75Db https://t.co/MbYgtPvVTV
So ETHE doesn't have all the bankruptcy overhang that GBTC did and we learned today that Grayscale's fee on the ETH ETF is only going to be 20bps? Yup, calling it now that their ETH ETF is gonna have a lower % outflow than GBTC did.
💥 The ETH etf is around the corner! These companies just filed an updated version of their application: - Bitwise - Fidelity - VanEck - Franklin - 21Shares - Grayscale - BlackRock
$ETH ETF approval countdown 11 days
Spot Ethereum ETF issuers post fee and seed investment disclosures in latest wave of amended filings https://t.co/HBqcS1FKg7
All spot eth ETF S-1 amendments are now IN… Bitwise, Fidelity, 21Shares, Grayscale, Franklin, VanEck, iShares, & Invesco. Known fees so far are Franklin (0.19%) & VanEck (0.20%). Now we wait for SEC. https://t.co/7Uo4kIOQg8
💥💥 all the $ETH ETF S-1's are updated ... trading will start sooner than you think 💥💥 https://t.co/8x2qNJWknw
*VANECK SETS FEE FOR ITS SPOT ETHEREUM ETF AT 0.20%: SEC FILING - THE BLOCK PRO
Ethereum ETF Update: All the issuers got their S-1s updated and on the @SECGov system before day end as asked.. Ball is in Gary's court. #Ethereum ☝️ https://t.co/E0SiOYWt8k
Early ETH ETF filers are unveiling fees that are equally as low as the Bitcoin ETFs and lower: @vaneck_us: 0.20% @FTI_US: 0.19% 👀 https://t.co/9yuFFCZspi
[𝕏] #VanEck has submitted their filing with a fee set at 0.20%, which is impressively low and close to Franklin's 0.19%. This puts some pressure on #BlackRock to keep their fees under 30 basis points. It seems like #ETH fees might be as low as, or even lower than, #BTC fees https://t.co/swAO8MktNs
VanEck is in and so is their fee, which will be 0.20%, which is pretty damn low, right around Franklin's 0.19%. Adds a touch of pressure on BlackRock to stay under 30bps at least. So far looks like Eth gonna be as low or even lower fees than btc. https://t.co/YfyM2FB5SF
$PEPE chart looks SO bullish Will it really be this easy? https://t.co/Lm36GYYNep
Meme tokens, specifically $PEPE and $BITCOIN, are still driving activity on @Uniswap V2. ON-245 takes a look why V2 is still sticky ➡️https://t.co/CTIajDLBwV Chart via: @coinmetrics https://t.co/g2dTZgIW7W
I see a lot of gravedancing as SOL memes are down >60% across the board However, we might just be seeing a rotation from SOL to ETH-based memes given the next big catalyst is the ETF Peep the PEPE/WIF chart; some ETH L2 memes are near price discovery if you know where to look https://t.co/WikdJ2c24Y
🚨 LATEST: Fidelity's $4.7 Million Seed Investment in Ethereum ETF 🚨 Fidelity has made a strategic $4.7 million seed investment in its spot Ethereum ETF, as revealed in a recent SEC filing. FMR Capital, a Fidelity affiliate, acquired shares in late May and June, using the funds…
$ETH and its Beta coins are pretty much the safest bet for the next 10 days lead up to the ETF launch date. They will continue to have relative strength as compared to the rest of the market.
[𝕏] #Fidelity Submits Amended #Ethereum ETF Filing, Bloomberg Analyst @Jseyff Expects More Filings Today $ETH https://t.co/Nmq4BncD45 https://t.co/1gF9VSpRgX
Do you remember that "extreme cope" guy and his 8% implicit fee for ETH ETFs? Well the Franklin Templeton ETH ETF has a 0,19% fee. And the other issuers are waiting for the last minute to undercut each other. This is who you're trading against. https://t.co/TP23qMx3b1
[𝕏] Bloomberg ETF analyst @EricBalchunas expects several amended #ETH ETF S-1s to be filed today. The SEC will then review for final changes and approval. The projected launch date for $ETH ETFs is around July 2nd https://t.co/Xgnh2Zc7aA
🚨BREAKING: FIDELITY FILES UPDATED S-1 FORM FOR ITS $ETH ETF - DOES NOT DISCLOSE FEE %
Fidelity’s amended filing is in for their Ethereum ETF filing. Expecting all the rest throughout the rest of the day today. https://t.co/f5lT34xRFw
JUST IN: $ETH ETF ISSUERS EXPECTED TO SUBMIT UPDATED S-1 FORMS TODAY FOR SEC REVIEW - BLOOMBERG ANALYSTS STILL EXPECT LAUNCH ON JULY 2ND
Fidelity kicking off the the S-1-athon. No fee included yet tho (Franklin only one w fee so far at 19bps). Bitwise didn’t include either. Everyone likely waiting till last min and/or on BlackRock to disclose to see what they need to orbit around. https://t.co/vGCY2mnqBr
Bloomberg ETF analyst Eric Balchunas: We will see a bunch of amended ETH ETF S-1s filed today, or maybe later this afternoon. Then ball's in SEC's court to let issuers know about any final changes and effectiveness (final approval). We holding the line with July 2nd as our…
New S-1/A filing: Fidelity Ethereum Fund (0002000046) (Filer) [Amend] General form for registration of securities under the Securities Act of 1933 Accepted Date: 2024-06-21T15:23:33.000Z | Filing Date: 2024-06-21 Document: https://t.co/jf2SSOKpKd | $ETH
Next step: we will see a bunch of amended S-1s filed today, prob later this afternoon. Then ball's in SEC's court to let issuers know about any final changes and effectiveness (aka final approval). We holding the line with July 2nd as our over/under for eth ETFs launch date. https://t.co/EmqCVsE0Qe
There is 50% chance the $ETH ETF launches on July 2nd. Marking the start of meme summer led by $PEPE. https://t.co/JjPBRt7Nvv
Potential $ETH inflows this year: - ETF (~$10B-$20B of inflows) - FTX (share of ~$13B USD to creditors) - Mt. Gox (share of ~$10B in BTC+USD) Meanwhile $BTC selling: - Miners (share of ~$5B) - Governments (~$3B to be sold by Germany) - Mt. Gox (share of $9B in BTC) ETH/BTC 🚀 https://t.co/fb1nw2PUn2
It is incredible to me that: ✅In less than 2 weeks, an ETH ETF will be launched by @BlackRock, @Fidelity & other major issuers ✅ETH ETF S1 should be published this afternoon showing fees rates, esp for the @grayscle mini-ETF ✅A former US president & re-election candidate…
BTC meh But Eth - Showing some good relative strength hence I’m still positioned on both spot and perps Ideal scenario is for btc to fall asleep in this range during July / August in the hope that eth / eth beta alts get their run https://t.co/zVfTF77jQM
BTC meh But Eth - Showing some good relative strength hence I’m still positioned on both spot and perps Ideally scenario is for btc to fall asleep in this range during July / August in the hope that eth / eth beta alts get their run https://t.co/bZbenqTrkK
$ETH looks ripe for continuation upwards: - breakout out of the descending wedge - making a higher high - now making a higher low - sitting at support It looks ready to take out the March highs in the coming weeks, especially because of the upcoming ETFs. Up to $30k in bonuses:… https://t.co/e7Tt8gCyvv
I'm extremely bullish for Q3 and Q4. $ETH is forming a cup and handle pattern, signaling a strong rally once it clears 4k. Buckle up! https://t.co/epkgJV1Hac
💁So, the markets are forward-looking to Tokenization. Get ready for a real RWA season once the $ETH ETF launch date is confirmed, as Larry Fink's plan has remained the same since the beginning: $BTC ETF, $ETH ETF, and then full tokenization of every stock, bond, etc. “BTC… https://t.co/Ko03tKmBst