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Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First


by CoinEdition

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Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development A Philanthropic First
  • SEC approves Notices of Effectiveness for nine spot Ethereum ETFs.
  • Grayscale’s Ethereum Trust is listed on the NYSE.
  • Bitwise to donate 10% of Ethereum ETF profits to support open-source development.

The U.S. Securities and Exchange Commission (SEC) has officially approved the Notices of Effectiveness for nine spot ETH ETFs, weeks after the final forms were submitted. Following this green light, the ETFs will begin trading at the opening of U.S. markets at 9:30 a.m. Eastern Time on July 23.

On Monday afternoon, the SEC approved the registration forms of nine firms, including Fidelity, 21Shares, BlackRock, Bitwise, VanEck, and Invesco Galaxy. Grayscale’s Ethereum Trust, Franklin Templeton, and Ethereum Mini Trust registration forms also received approval.

These approvals follow the SEC’s acceptance of 19b-4 for…

The post Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First appeared first on Coin Edition.

Read the article at CoinEdition

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$ 3.33K

+6.36%

$ 0.0154

-1.23%

$ 0.00...361

$ 0.000603


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Coins

$ 3.33K

+6.36%

$ 0.0154

-1.23%

$ 0.00...361

$ 0.000603


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Read More

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Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First


by CoinEdition

Share:

Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development A Philanthropic First
  • SEC approves Notices of Effectiveness for nine spot Ethereum ETFs.
  • Grayscale’s Ethereum Trust is listed on the NYSE.
  • Bitwise to donate 10% of Ethereum ETF profits to support open-source development.

The U.S. Securities and Exchange Commission (SEC) has officially approved the Notices of Effectiveness for nine spot ETH ETFs, weeks after the final forms were submitted. Following this green light, the ETFs will begin trading at the opening of U.S. markets at 9:30 a.m. Eastern Time on July 23.

On Monday afternoon, the SEC approved the registration forms of nine firms, including Fidelity, 21Shares, BlackRock, Bitwise, VanEck, and Invesco Galaxy. Grayscale’s Ethereum Trust, Franklin Templeton, and Ethereum Mini Trust registration forms also received approval.

These approvals follow the SEC’s acceptance of 19b-4 for…

The post Bitwise to Donate 10% of ETH ETF Profits to Ethereum Development: A Philanthropic First appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.33K

+6.36%

$ 0.0154

-1.23%

$ 0.00...361

$ 0.000603


Share:

In This News

Coins

$ 3.33K

+6.36%

$ 0.0154

-1.23%

$ 0.00...361

$ 0.000603


Share:

Read More

Ethereum Price Eyes $4000 as Whales Opens $426M ETH in Longs

Ethereum Price Eyes $4000 as Whales Opens $426M ETH in Longs

Ethereum price gains renewed strength as buyers secure important levels after weeks o...
Pheasant Network Soars: $2M Seed Funding Fuels AI and DeFi Revolution

Pheasant Network Soars: $2M Seed Funding Fuels AI and DeFi Revolution

BitcoinWorld Pheasant Network Soars: $2M Seed Funding Fuels AI and DeFi Revolution T...