VanEck Urges SEC to Approve Ethereum ETF Applications on First-In, First-Out Basis Ahead of BlackRock
2025-07-20 10:42:45
Main Idea
VanEck and other financial institutions have requested the SEC to process Ethereum ETF applications on a 'first-in, first-out' basis to ensure fairness and avoid simultaneous batch approvals.
Key Points
1. VanEck and other financial institutions have formally requested the SEC to adopt a 'first-in, first-out' protocol for Ethereum ETF applications.
2. The proposed approach emphasizes a sequential review system to ensure fairness.
3. The request aims to prevent simultaneous batch approvals, particularly those involving major firms like BlackRock.
4. The SEC's decision on this matter will significantly impact the accessibility and legitimacy of Ethereum ETFs in mainstream finance.
Description
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