{"id":22513,"date":"2024-06-11T10:00:42","date_gmt":"2024-06-11T07:00:42","guid":{"rendered":"https:\/\/coinengineer.io\/?p=22513"},"modified":"2024-06-11T09:30:55","modified_gmt":"2024-06-11T06:30:55","slug":"proshares-spot-ether-etf-application-under-sec","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/","title":{"rendered":"ProShares Spot Ether ETF Application Under SEC Review"},"content":{"rendered":"<p>About three weeks following approval of eight of the investment vehicles, the United States Securities and Exchange Commission (SEC) included a spot Ether exchange-traded fund application from asset manager <strong>ProShares<\/strong>.<\/p>\n<p><a href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/nysearca\/2024\/34-100307.pdf\">The SEC said<\/a> in a June 10 filing that the New York Stock Exchange (NYSE) Arca had requested a rule change letting it list and trade <strong>ProShares Ethereum ETF<\/strong> shares. Following publication in the Federal Register, the commission stated it was seeking public comments on the ETF application for twenty-one days, giving the SEC forty-five days to approve, reject, or extend the timeframe for its decision.<\/p>\n<p><span style=\"color: #0000ff;\"><em>This Might Interest You: <a style=\"color: #0000ff;\" href=\"https:\/\/coinengineer.net\/blog\/21shares-retail-access-to-crypto-etns-a-game-chang\/\">21Shares: Retail Access to Crypto ETNs a Game Changer<\/a><\/em><\/span><\/p>\n<p>Officially approving <a href=\"https:\/\/www.investopedia.com\/terms\/s\/sec-form-19b-4.asp\">19b-4 files<\/a> from eight asset management companies applying to list and trade Ether ETFs on U.S. exchanges for the first time on May 23, the SEC Before they can formally start trading, the SEC must sign off on S-1 registration statements for the spot Ether ETFs; this process might take months, although some analysts predict it will go through sometime in July.<\/p>\n<p><em>&#8220;Instinct initially says (<strong>ProShares ETF<\/strong>) won&#8217;t launch on day 1 with the other ETFs whenever that is, but who knows?&#8221;<\/em> stated ETF expert James Seyffart in a June 10 X post. &#8220;<em>This is fascinating.&#8221;<\/em><\/p>\n<p><strong>ProShares<\/strong> was among the first asset managers approved by the SEC in October 2023 to list and trade shares of a spot investment vehicle linked to ETH futures. Additionally, under the symbol BITO, the business provides a Bitcoin Strategy ETF on NYSE Arca.<\/p>\n<p>Following its initial clearance, it is unknown if the SEC will approve <strong>ProShares&#8217; spot Ether ETF<\/strong> offering. The file just indicated the commission would review the application.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About three weeks following approval of eight of the investment vehicles, the United States Securities and Exchange Commission (SEC) included a spot Ether exchange-traded fund application from asset manager ProShares. The SEC said in a June 10 filing that the New York Stock Exchange (NYSE) Arca had requested a rule change letting it list and<\/p>\n","protected":false},"author":6,"featured_media":22514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2327,6762,39],"class_list":["post-22513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-proshares","tag-proshares-spot-ether-etf","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"About three weeks following approval of eight of the investment vehicles, the United States Securities and Exchange Commission (SEC) included a spot Ether exchange-traded fund application from asset manager ProShares. The SEC said in a June 10 filing that the New York Stock Exchange (NYSE) Arca had requested a rule change letting it list and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T07:00:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T06:30:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/\",\"name\":\"ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg\",\"datePublished\":\"2024-06-11T07:00:42+00:00\",\"dateModified\":\"2024-06-11T06:30:55+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg\",\"width\":1000,\"height\":644,\"caption\":\"ProShares\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ProShares Spot Ether ETF Application Under SEC Review\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/","og_locale":"en_US","og_type":"article","og_title":"ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer","og_description":"About three weeks following approval of eight of the investment vehicles, the United States Securities and Exchange Commission (SEC) included a spot Ether exchange-traded fund application from asset manager ProShares. The SEC said in a June 10 filing that the New York Stock Exchange (NYSE) Arca had requested a rule change letting it list and","og_url":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/","og_site_name":"Coin Engineer","article_published_time":"2024-06-11T07:00:42+00:00","article_modified_time":"2024-06-11T06:30:55+00:00","og_image":[{"width":1000,"height":644,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/","url":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/","name":"ProShares Spot Ether ETF Application Under SEC Review - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg","datePublished":"2024-06-11T07:00:42+00:00","dateModified":"2024-06-11T06:30:55+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ProShares-Launches-Firms-First-Leveraged-Thematic-ETFs.jpg","width":1000,"height":644,"caption":"ProShares"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/proshares-spot-ether-etf-application-under-sec\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"ProShares Spot Ether ETF Application Under SEC Review"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/22513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=22513"}],"version-history":[{"count":3,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/22513\/revisions"}],"predecessor-version":[{"id":22528,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/22513\/revisions\/22528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/22514"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=22513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=22513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=22513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}