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Bitwise Debuts Momentum-Based “Trendwise” Strategies in Three Crypto Futures ETFs: Crypto specialist Bitwise Asset Management announced today the conversion of three crypto futures ETFs from long-only strategies to strategies ...

#EthereumNews #sec #spotEthereumETF #VanEck VanEck Submits Amendment to Spot Ethereum ETF S-1: VanEck, an asset management firm, submitted its amended spot Ethereum ETF S-1 to the Securities and Exchange Commission. VanEck, an investment management firm, has submitted its amended spot Ethereum ETF S-1 to the Securities and Exchange Commission (SEC). This occurred after the Commission returned the forms to issuers who requested minimal modifications. Issuers are finalizing […] The post VanEck Submits Amendment to Spot Ethereum ETF S-1 appeared first on Coinscreed.

So, China Asset Management Executive’s, Have Anticipated, That Hong Kong Based, Spot Bitcoin ETFs, Will 'Exceed' US Debut... 🚀🚀 With the debut of Spot Bitcoin and Ethereum ETFs in Hong Kong trading from today, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the US, following the approval of 11 Spot Bitcoin ETFs on January 10th. Zhu Haokang, head of digital asset management and family wealth at China Asset Management (China AMC), officially anticipates that. The initial trading day could surpass the record-high volumes experienced in the US. Accordingly, Beijing’s Foresight News recently published an interview with China AMC executive Zhu Haokang and Wayne Huang, the Head of ETF and custody business at OSL. The China AMC executive believes that his firm’s fund will be the largest issuer among the 3 in terms of size and this will be revealed when trading begins. OSL executive Huang confirmed, “there will be an announcement at HKEX tomorrow morning at 9:30”. Haokang was questioned about the distinctions between the executive’s fund and its competitors. Accordingly, the China AMC executive stated, "the first difference is that, unlike the US Bitcoin Spot ETF, we have spot and physical subscription and redemption...additionally, Huaxia’s products differ from the other two in two ways; Huaxia Fund’s Hong Kong Spot ETF is the only one with counters in Hong Kong dollars, US dollars, and the Renminbi. Secondly, besides the listed shares, we have unlisted shares. These are features the other two do not have”. Huang explained to the reporter that offering a physical subscription represents an innovation for Hong Kong ETFs in comparison to US based ETFs. “It first requires the brokerage company to upgrade its license to handle virtual asset transactions. Investors send coins to OSL through this broker, then, transfer the equity back into the fund’s custody account to complete the entire physical subscription process,” the OSL executive noted. Further to this, in correspondence sent from executives from Hashkey Capital, as well, Bosera, they have furthermore explained that the non Hong Kong based residents are eligible to invest in the Bosera Hashkey Bitcoin and Ethereum Spot ETFs, so long as they comply with Hong Kong’s regulatory standards, including but not limited to, customer due diligence requirements. This update arrives amid anticipations that Hong Kong’s ETFs might attract significant investment from mainland China. “A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program,” Matrixport asserted three weeks ago. However, Bloomberg’s senior ETF analyst Eric Balchunas remarked two weeks ago that his team estimates they would be “lucky to get” total flows of about $500 million. #SObothHONGKONGandCHINASBTCandETHspotETFShavestartedTRADING... 🇨🇳 🇭🇰

FIVE U.S. ASSET MANAGERS AMEND FILINGS FOR ETHER SPOT ETFS WITH SEC - Five U.S. asset managers seeking to launch spot Ether exchange-traded funds (ETFs) have amended their 19b-4 filings with the Securities and Exchange Commission (SEC) following last-minute feedback. - Asset managers Fidelity, VanEck, and Franklin Templeton, along with joint applicants Galaxy/Invesco and ARK Invest/21Shares, submitted the amendments. - These filings removed provisions for ETH staking. Grayscale also made similar changes, according to a proxy statement. - The SEC is expected to decide on VanEck’s application by May 23. Community Reactions: - Adam Cochran, partner at Cinneamhain Ventures, stated that an approved spot Ether ETF without staking would boost staking returns. - Ryan Berckmans, the Ethereum community member and investor, added that these ETFs enhance Ethereum's legitimacy while avoiding ETF tail risks. - Per Bloomberg ETF analyst James Seyffart, the amended 19b-4 filings will require signed-off S-1 registration statements for the ETFs to launch. Seyffart noted that the ETF listings could take weeks or longer to finalize. Image: Bitcoin Sistemi

So, China Asset Management Executive’s, Have Anticipated, That Hong Kong Based, Spot Bitcoin ETFs, Will 'Exceed' US Debut... 🚀🚀 With the debut of Spot Bitcoin and Ethereum ETFs in Hong Kong trading from today, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the US, following the approval of 11 Spot Bitcoin ETFs on January 10th. Zhu Haokang, head of digital asset management and family wealth at China Asset Management (China AMC), officially anticipates that. The initial trading day could surpass the record-high volumes experienced in the US. Accordingly, Beijing’s Foresight News recently published an interview with China AMC executive Zhu Haokang and Wayne Huang, the Head of ETF and custody business at OSL. The China AMC executive believes that his firm’s fund will be the largest issuer among the 3 in terms of size and this will be revealed when trading begins. OSL executive Huang confirmed, “there will be an announcement at HKEX tomorrow morning at 9:30”. Haokang was questioned about the distinctions between the executive’s fund and its competitors. Accordingly, the China AMC executive stated, "the first difference is that, unlike the US Bitcoin Spot ETF, we have spot and physical subscription and redemption...additionally, Huaxia’s products differ from the other two in two ways; Huaxia Fund’s Hong Kong Spot ETF is the only one with counters in Hong Kong dollars, US dollars, and the Renminbi. Secondly, besides the listed shares, we have unlisted shares. These are features the other two do not have”. Huang explained to the reporter that offering a physical subscription represents an innovation for Hong Kong ETFs in comparison to US based ETFs. “It first requires the brokerage company to upgrade its license to handle virtual asset transactions. Investors send coins to OSL through this broker, then, transfer the equity back into the fund’s custody account to complete the entire physical subscription process,” the OSL executive noted. Further to this, in correspondence sent from executives from Hashkey Capital, as well, Bosera, they have furthermore explained that the non Hong Kong based residents are eligible to invest in the Bosera Hashkey Bitcoin and Ethereum Spot ETFs, so long as they comply with Hong Kong’s regulatory standards, including but not limited to, customer due diligence requirements. This update arrives amid anticipations that Hong Kong’s ETFs might attract significant investment from mainland China. “A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program,” Matrixport asserted three weeks ago. However, Bloomberg’s senior ETF analyst Eric Balchunas remarked two weeks ago that his team estimates they would be “lucky to get” total flows of about $500 million. #SObothHONGKONGandCHINASBTCandETHspotETFShavestartedTRADING... 🇨🇳 🇭🇰

A further sign today that #Ethereum #ETFs will be launched this month, as Bitwise Investment Pty Ltd has filed an S1 registration for its Spot Ethereum ETF ahead of schedule. The filing did not include a specific launch date for listing but said it would be “as soon as practicable after the effective date” of the registration. According to Bloomberg ETF analyst Eric Balchunas and other market experts, “all indications launch still on for this month.” You can read the full story here - https://lnkd.in/e4JXPXMM

Franklin Templeton, Has Officially Listed, Its Very Own. Ethereum Based, Exchange Traded Fund (ETF) On The, DTCC Platform... 📌📌 Asset management firm Franklin Templeton, has listed its Spot Ether Exchange-Traded Fund (ETF), the Franklin Ethereum TR Ethereum ETF (EZET), has been listed on the Depository Trust and Clearing Corporation (DTCC) website. A significant platform for securities transactions within the United States. The DTCC website’s “Create/Redeem” column lists the ETF, indicating its availability for creation and redemption. Its important to note that, the listing of the Franklin Templeton Ethereum Spot ETF on the DTCC website. Does not mean Franklin's Spot Ether ETF application to the United States Securities and Exchange Commission (SEC) will be approved or has been approved. The DTCC website often lists securities eligible for trading and settlement within its systems, including, but certainly not limited to, ETFs that have completed particular registration or compliance processes. However, the approval status of an ETF filing is determined by the SEC based on various regulatory criteria and considerations. The 1.5 Trillion dollar asset management firm submitted its Form S-1 to the SEC on February 12th, to apply for a Spot Ether ETF and If approved, the ETF would be listed as “Franklin Ethereum ETF” on the Chicago Board Options Exchange. #DOESthismeanETHEREUMbasedETFSareINCOMINGorNOTREALLY... 🤷 🤷 #ETHEREUMwillbeAPPROVEDsoonerthanLATER... 🚀 🚀

Franklin Templeton, Has Officially Listed, Its Very Own. Ethereum Based, Exchange Traded Fund (ETF) On The, DTCC Platform... 📌📌 Asset management firm Franklin Templeton, has listed its Spot Ether Exchange-Traded Fund (ETF), the Franklin Ethereum TR Ethereum ETF (EZET), has been listed on the Depository Trust and Clearing Corporation (DTCC) website. A significant platform for securities transactions within the United States. The DTCC website’s “Create/Redeem” column lists the ETF, indicating its availability for creation and redemption. Its important to note that, the listing of the Franklin Templeton Ethereum Spot ETF on the DTCC website. Does not mean Franklin's Spot Ether ETF application to the United States Securities and Exchange Commission (SEC) will be approved or has been approved. The DTCC website often lists securities eligible for trading and settlement within its systems, including, but certainly not limited to, ETFs that have completed particular registration or compliance processes. However, the approval status of an ETF filing is determined by the SEC based on various regulatory criteria and considerations. The 1.5 Trillion dollar asset management firm submitted its Form S-1 to the SEC on February 12th, to apply for a Spot Ether ETF and If approved, the ETF would be listed as “Franklin Ethereum ETF” on the Chicago Board Options Exchange. #DOESthismeanETHEREUMbasedETFSareINCOMINGorNOTREALLY... 🤷 🤷 #ETHEREUMwillbeAPPROVEDsoonerthanLATER... 🚀 🚀

📢 HashKey Capital Secures Type 4 Licence and Becomes First Firm to Offer Both Virtual Asset Management and Advisory Services to Retail Clients We’re excited to share that HashKey Capital has just obtained the Type 4 licence from the Securities and Futures Commission (SFC), allowing us to provide securities and virtual asset advisory services following the satisfaction of certain conditions. With this Type 4 licence and our earlier upgraded Type 9 licence, we can now offer a more complete suite of services tailored to both retail and professional investors, including virtual asset research and guidance on navigating the rapidly evolving virtual asset landscape subject to conditions such as due dilligence and investors’ knowledge assessments. We're so proud of this achievement because it reflects our commitment to providing strategic guidance to all our clients, whether they're new or seasoned investors in virtual assets. Following the recent launch of our Bosera HashKey Bitcoin and Ether spot ETFs with Bosera Asset Management (International) Co., we look to continue developing innovative virtual asset solutions for the market. Read the full release here👇 https://lnkd.in/gbMYJ3Kw

Swiss-based asset management firm 21Shares has filed a solo application to list a Solana ETF in the United States, following a move by rival VanEck. The application is based on the premise that Solana is not a security under US laws, but 21Shares may pull its application if this status changes. The conversation around a Solana ETF gained traction after the SEC approved spot Bitcoin ETF trading and with the recent approval of 8 Ethereum ETFs. 21Shares plans to offer the potential ETF on the Cboe BEZX exchange, aiming to provide investors with exposure to SOL without direct coin investment. VanEck's head of Digital Assets Research believes the regulatory landscape is shifting, and 21Shares' move aligns with this perspective. The Supreme Court's recent decision has implications for regulatory power, potentially impacting upcoming crypto products like Solana ETFs.