Factbox-How close are crypto markets to first spot bitcoin, ether ETFs? By Reuters

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<p>(Reuters) &#8211; A spate of filings for spot bitcoin and ether exchange-traded funds (ETFs), including from traditional finance heavyweights, has revived the crypto market that had been crushed by a series of meltdowns last year.</p>
<p>A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.</p>
<p>Here is a pipeline of filings for spot bitcoin ETFs awaiting approval: </p>
<p>Company Trust/ETF Filed on Exchange Latest </p>
<p>name development </p>
<p>BlackRock (NYSE:) iShares June 2023 If The world&#8217;s </p>
<p> approved, largest asset </p>
<p>Trust will trade manager filed </p>
<p>on Nasdaq for the spot </p>
<p>and use bitcoin ETF in </p>
<p>Coinbase (NASDAQ:) June buoying </p>
<p>Custody as crypto markets </p>
<p>crypto globally. </p>
<p>custodian </p>
<p>and BNY </p>
<p>Mellon as </p>
<p>cash </p>
<p>custodian </p>
<p>Grayscale Grayscale Is seeking NYSE Arca In August, a </p>
<p>Investments Bitcoin to convert federal </p>
<p>Trust its spot appeals court </p>
<p>Grayscale ruled the SEC </p>
<p>Bitcoin was wrong to </p>
<p>Trust into reject an </p>
<p>an ETF application </p>
<p>from Grayscale </p>
<p>to create a </p>
<p>spot bitcoin </p>
<p>exchange-trade </p>
<p>d fund. </p>
<p>Fidelity Wise June 2023 Cboe Fidelity </p>
<p>Origin Global refiled its </p>
<p>Bitcoin Markets application in </p>
<p>Trust late June </p>
<p>after media </p>
<p>reports said </p>
<p>the SEC found </p>
<p>the initial </p>
<p>paperwork to </p>
<p>be </p>
<p>incomprehensiv </p>
<p>e. </p>
<p>Ark Invest ARK June 2023 Cboe BZX The paperwork </p>
<p>and 21Shares Exchange was refiled on </p>
<p>21Shares Bitcoin with June 28 for </p>
<p>ETF Coinbase the third time </p>
<p>Custody as with the SEC </p>
<p>the after the </p>
<p>custodian regulator said </p>
<p>of the its initial </p>
<p>trust prospectus </p>
<p>didn&#8217;t meet </p>
<p>the </p>
<p>requirements </p>
<p>to prevent </p>
<p>fraud and </p>
<p>market </p>
<p>manipulation. </p>
<p>WisdomTree WisdomTree June 2023 Cboe BZX It was refiled </p>
<p>Bitcoin Exchange for approval </p>
<p>Trust with U.S. on June 20 </p>
<p>Bank, N.A. after two </p>
<p>as previous </p>
<p>custodian rejections. </p>
<p>Valkyrie Valkyrie June 2023 Nasdaq It filed with </p>
<p>Digital Bitcoin with the SEC on </p>
<p>Assets Fund Coinbase June 21 to </p>
<p>Custody as launch under </p>
<p>the the ticker </p>
<p>custodian BRRR. The SEC </p>
<p>of the had in Dec </p>
<p>trust 2021, rejected </p>
<p>a previous </p>
<p>filing by NYSE </p>
<p>Arca to list a </p>
<p>spot bitcoin </p>
<p>ETF by </p>
<p>Valkyrie. </p>
<p>Invesco and Invesco Amended Cboe BZX Invesco </p>
<p>Galaxy Galaxy Oct 2023 reactivated </p>
<p>Digital Bitcoin its Sept 2021 </p>
<p>ETF application to </p>
<p>launch the </p>
<p>ETF. </p>
<p>HashDex HashDex In Sept, NYSE Arca SEC has </p>
<p>Spot 2023, delayed the </p>
<p>Bitcoin filed to decision on </p>
<p>ETF convert the </p>
<p>bitcoin application. </p>
<p>futures </p>
<p>ETF into a </p>
<p>spot </p>
<p>bitcoin </p>
<p>ETF </p>
<p>Here is a pipeline of spot ether ETFs awaiting approval: </p>
<p>Company Trust/ETF Filed Exchange Latest </p>
<p>name on development </p>
<p>Ark Ark Sept Cboe BZX Awaiting SEC </p>
<p>Invest-21S 21Shares 2023 Exchange approval. Both </p>
<p>hares the companies </p>
<p>ETF partnered to </p>
<p>launch another </p>
<p>suite of </p>
<p>crypto-tied </p>
<p>ETFs this </p>
<p>month. </p>
<p>BlackRock iShares Nov Nasdaq Officially </p>
<p>Ethereum 2023 filed on Nov. </p>
<p>Trust 16, awaiting </p>
<p>SEC approval. </p>
<p>Here are some ether futures-tied ETFs that have been approved recently: </p>
<p>Company Managed by </p>
<p>VanEck Ethereum VanEck </p>
<p>Strategy ETF </p>
<p>Bitwise Ethereum BitWise Asset Management </p>
<p>Strategy ETF </p>
<p>Bitwise Bitcoin BitWise Asset Management </p>
<p>and Ether Equal </p>
<p>Weight Strategy </p>
<p>ETF </p>
<p>Valkyrie Bitcoin Valkyrie Funds </p>
<p>and Ether </p>
<p>Strategy </p>
<p>ProShares Ether ProShares </p>
<p>Strategy </p>
<p>ProShares ProShares </p>
<p>Bitcoin &amp; Ether </p>
<p>Equal Weight ETF </p>
<p>ProShares Short ProShares </p>
<p>Ether Strategy </p>
<p>ETF </p>
<p>ProShares ProShares </p>
<p>Bitcoin &amp; Ether </p>
<p>Market Cap </p>
<p>Weight Strategy </p>
<p>ETF </p>
<p>Sources: filings, media reports, company statements </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/factboxhow-close-are-crypto-markets-to-first-spot-bitcoin-ether-etfs-3238805">Source link </a></p><p>The post <a href="https://forextraderhub.com/factbox-how-close-are-crypto-markets-to-first-spot-bitcoin-ether-etfs-by-reuters.html">Factbox-How close are crypto markets to first spot bitcoin, ether ETFs? By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>