VanEck Urges US SEC to Approve Ethereum ETF Applications on First-In, First-Out Basis Ahead of BlackRock

VanEck alongside several prominent financial institutions has formally requested the U.S. Securities and Exchange Commission (SEC) to process Ethereum ETF applications on a first-in, first-out basis. This approach emphasizes a sequential review system, aiming to ensure fairness and transparency in the approval process. Notably, these firms expressed reluctance to have their applications approved concurrently with BlackRock, highlighting concerns over batch approvals potentially disadvantaging smaller or earlier applicants. The move underscores the growing institutional interest in regulated crypto investment vehicles and reflects ongoing regulatory dynamics shaping the Ethereum ETF landscape. Market participants are closely monitoring the SEC’s response, as timely approval of these ETFs could significantly impact liquidity and investor access to Ethereum-based assets in traditional financial markets.

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