Bitwise files with SEC for spot Ether ETF listing

The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges.

Asset management firm Bitwise has filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether (ETH) exchange-traded fund, or ETF.

In a March 28 filing, Bitwise filed a Form S-1 registration statement with the SEC for shares of its Ethereum ETF. The filing came amid speculation that the SEC was seeking to label Ether a security under its regulatory purview, putting future listings of spot ETF ETFs into doubt.

Based on a 19b-4 amendment filing with the SEC, Bitwise intends to list shares of the ETH investment vehicle on NYSE Arca. The asset manager was among the first to obtain approval from the SEC for listing and trading shares of its spot Bitcoin (BTC) ETF in January.

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