{"id":15080,"date":"2024-07-10T10:27:56","date_gmt":"2024-07-10T07:27:56","guid":{"rendered":"https:\/\/forklog.com\/en\/bitwise-nears-final-steps-for-ethereum-etf-approval\/"},"modified":"2024-07-10T10:27:56","modified_gmt":"2024-07-10T07:27:56","slug":"bitwise-nears-final-steps-for-ethereum-etf-approval","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitwise-nears-final-steps-for-ethereum-etf-approval\/","title":{"rendered":"Bitwise Nears Final Steps for Ethereum ETF Approval"},"content":{"rendered":"<p>All indications suggest that the final formalities before the registration of spot Ethereum ETFs are approaching. This was stated by Bitwise&#8217;s Chief Compliance Officer, Katherine Dowling.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitwise Chief Compliance Officer Katherine Dowling discusses her firm&#8217;s Ether ETF application and the potential for new products tied to crypto <a href=\"https:\/\/t.co\/hKIvliRCnX\">https:\/\/t.co\/hKIvliRCnX<\/a> <a href=\"https:\/\/t.co\/PvMFeG4wWU\">pic.twitter.com\/PvMFeG4wWU<\/a><\/p>\n<p>\u2014 Bloomberg Crypto (@crypto) <a href=\"https:\/\/twitter.com\/crypto\/status\/1810765341317816433?ref_src=twsrc%5Etfw\">July 9, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to her, there are &#8220;fewer and fewer&#8221; questions remaining between the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> and eight potential issuers regarding the submission of S-1 documents.<\/p>\n<p>The specialist refrained from predicting a specific approval date for the products. Dowling recalled the promise of SEC Chairman Gary Gensler to register the instruments &#8220;in the summer.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Everyone has their own definition of summer. For issuers, it has been a somewhat long, hot summer,&#8221;<\/em> she explained.<\/p>\n<\/blockquote>\n<p>The Bitwise representative also noted that the regulator is open to discussing exchange-traded funds not related to Bitcoin and Ethereum.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Our communication with the SEC regarding the prospects of these products has been quite amicable,&#8221;<\/em> Dowling emphasized.<\/p>\n<\/blockquote>\n<p>However, she expressed doubts that a third cryptocurrency-based exchange-traded fund will appear while Gensler leads the agency.<\/p>\n<p>In June, 21Shares filed an application with the SEC to register a SOL-ETF.<\/p>\n<p>Earlier, market maker GSR positively assessed Solana&#8217;s growth potential should the product launch. Analysts believe the cryptocurrency could increase in value by 1.4 to 8.9 times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All indications suggest that the final formalities before the registration of spot Ethereum ETFs are approaching. This was stated by Bitwise&#8217;s Chief Compliance Officer, Katherine Dowling. Bitwise Chief Compliance Officer Katherine Dowling discusses her firm&#8217;s Ether ETF application and the potential for new products tied to crypto https:\/\/t.co\/hKIvliRCnX pic.twitter.com\/PvMFeG4wWU \u2014 Bloomberg Crypto (@crypto) July 9, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[949,569,46,36],"class_list":["post-15080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-etf","tag-ethereum","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15080"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15079"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}