VanEck’s proposed Ethereum spot ETF has been listed on the DTCC under the ticker $ETHV, but it remains inactive pending SEC approval.
DTCC Listing: What It Means
VanEck’s proposed spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker $ETHV. This development marks a significant step forward for the ETF, despite not assuring approval from the US Securities and Exchange Commission (SEC).
The DTCC, which provides post-trade clearance, settlement, custody, and information services, included VanEck’s Ethereum ETF in its new securities list. Despite its listing, the ETF is currently inactive, as indicated by the „N” status in the create/redeem column.
The DTCC clarified,
“This file includes both active ETFs that may be processed at DTCC and ETFs that are not yet active („pre launch”) and, therefore, are not able to be processed at DTCC, unless and until such securities have received all necessary regulatory and other approv
We współpracy z: https://cryptodaily.co.uk/2024/05/vanecks-ethereum-spot-etf-listed-by-dtcc-amid-sec-decision-countdown
