VanEck and ARK Filings Officially Begin Countdown for Spot Ethereum ETFs, According to Analyst

The competition for the first spot exchange-traded fund (ETF) in the United States has officially commenced following the recent 19b-4 filings by the Chicago Board Options Exchange (CBOE). These filings will initiate the timeline for a decision from the Securities and Exchange Commission (SEC).

On September 6, the CBOE submitted two 19b-4 applications to the U.S. securities regulator. These applications seek to list the ARK 21Shares Ethereum ETF and the VanEck Ethereum ETF on the CBOE’s BZX Exchange.