VanEck, a US-based investment management firm with more than $100 billion in assets under management, today updated its Ether spot ETF filing. The company submitted the important filing, also known as 8-A, to the SEC, which includes the type of the firm’s securities, management structure and other important details.
Eric Balchunas, Bloomberg’s ETF analyst, highlighted an important detail in this regard. In his assessment on his X account, Balchunas stated that VanEck also made the 8-A form update 7 days before the Bitcoin spot ETFs were opened for trading, and that there are now exactly 7 days left until July 2, which seems to be the start day for ETFs:
“VanEck has updated the 8-A document for the spot ETH ETF. This is part of the process, but they also updated their Bitcoin spot ETFs 7 days before they opened for trading. That’s exactly 7 days before our previously mentioned July 2nd deadline. This is a good sign… Of course, anything is possible, we will have more news in the coming days…”
Balchunas also showed the X tweet of VanEck CEO Jan van Eck. “Look where I start the week,” Van Eck tweeted yesterday. Van Eck shared a wall of photos of US President Biden, Vice President Kamala Harris and Gary Gensler and other SEC members. This made it clear that he was at SEC headquarters.