There is a growing expectation that an S-1 registration for spot ETH ETFs will be filed in the coming weeks, and VanEck has just submitted its 8-A form. Balchunas believes that the launch date could be on July 2. This form is required for all companies that want to be officially registered and listed on a public stock exchange. Form 8-A, also known as the Registration of Certain Classes of Securities, is a registration statement required by the SEC for companies seeking to register securities.
The SEC approved 19b-4 forms for eight Ethereum ETFs last month — but before trading can begin, the regulator still has to allow the registration statements to become effective. Previously, firms hoping for a BTC ETF filed Form 8-As about a week before listing. The recent trend shows that more institutional investors are showing interest in crypto spot ETFs. This shift from retail to institutional investors could lead to more cash inflow and stability in the crypto market.
These funds are traded on public exchanges but generally track a particular crypto. Like similar funds, crypto ETFs are on regular stock exchanges, and investors can keep them in their standard brokerage accounts.