News

Breaking: VanEck Files Form 8A For Spot Ethereum ETF

Crypto asset management firm VanEck has just filed the 8-A Form for its spot Ethereum ETF product in hopes of S-1 approvals
Published by
Breaking: VanEck Files Form 8A For Spot Ethereum ETF

Highlights

  • VanEck has filed the Form 8-A for its spot Ethereum ETF
  • This is an essential part of the ETF process leading up to greenlight for trading
  • The firm filed similar application 7 days before its spot Bitcoin ETF started trading

In anticipation of the official approval of the S-1 registration for spot Ethereum ETF products, VanEck has filed its 8-A form. As noted by Bloomberg’s Senior ETF Analyst Eric Balchunas, this 8-A form is part of the process leading to the launch of any ETF product.

Advertisement

The Race for Spot Ethereum ETF Draws Closer

Since the United States Securities and Exchange Commission (SEC) approved the 8 spot Ethereum ETFs in May, there has been many speculations regarding S-1 approvals. Since there was a significant rush before the approval came at the last minute, the due diligence has dragged on. This due diligence is between the SEC and applicants were not done pre-approval.

Unlike the runup to the spot Bitcoin ETF debut, the market still has no certainty regarding when the Ethereum counterpart will commence trading. Notably, the form 8-A filings points at the registration that allows issuers to trade on an exchange. It marks the progress towards the potential approval of a spot Ethereum ETF.

As Balchunas pointed out, VanEck filed its Form 8-A just about 7 days before its spot Bitcoin ETF product went live in January. Without much guidance from the SEC, the analyst is maintaining his July 2 launch date projection.

https://twitter.com/EricBalchunas/status/1805596193977761954?ref_src=twsrc%5Etfw” rel=”nofollow

The pursuit of spot Ethereum ETF dates back to last year when the likes of BlackRock entered the race. With Ethereum Futures ETF and Bitcoin fund already trading in the United States, the optimism for approval was high prior to the May greenlight.

Advertisement

Projected Impact of the Approval

The Bitcoin price action in recent times has dragged most altcoins down in a sustained drawdown. Analysts are projecting that should the spot ETH ETF product start trading, the bearish trend can be reversed.

Historically, conversations surrounding this product is known to spark market trigger. If this history repeats itself, the market might be the better for it when the SEC shares new update regarding the S-1 approvals.

At the time of writing, the price of Ethereum has inked a slight uptick up 1.67% in 24 hours to $3,401.91.

Read More: Bitcoin Price: Flag Pattern And On-Chain Data Signal Reversal To $88K Soon

Advertisement
Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Canary XRP ETF Filing Removes SEC Delay Clause, Targets November Launch

Canary Funds has filed an updated S-1 registration for its XRP spot exchange-traded fund (ETF).…

October 31, 2025
  • News

CFTC, SEC Launch ‘New Era of Collaboration’ to Clarify Crypto Rules, End Regulation by Enforcement

The U.S. Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) have entered…

October 31, 2025
  • News

Senate Committee Finalizes Updated Crypto Market Structure Bill Draft, Release Expected In Days

The U.S. Senate committee is set to release an updated draft of the Crypto Market…

October 30, 2025
  • News

€648 Billion Nordea To Allow Customers to Trade Bitcoin-Linked ETFs

Nordea Bank, one of Europe’s largest financial institutions, is allowing customers to trade Bitcoin-linked funds…

October 30, 2025
  • News

Uphold Joins Gemini, Relaunches XRP Debit Card Following SEC Lawsuit Resolution

Uphold has relaunched its XRP Debit Card across the United States following the resolution of…

October 30, 2025
  • Altcoin News

Breaking: XRP Treasury Evernorth Debuts on Nasdaq Under XRPN Ticker After $1B Token Purchase

Evernorth Holdings, a Ripple-backed XRP treasury company, has officially made its debut on Nasdaq under…

October 30, 2025