Cboe Submits Amended Spot Ether ETF Filings Amid Approval Hopes

By: Eva Baxter

The Cboe BZX exchange has submitted amended 19b-4 filings for five potential spot Ether (ETH) exchange-traded funds (ETFs), signaling a renewed push for regulatory approval. The applicants include major financial players such as Fidelity, VanEck, Invesco, Ark Invest and Franklin Templeton.

According to industry analysts, the amendments significantly boost the odds of these funds being approved, rising to 70% on prediction markets like Polymarket. Bloomberg's ETF analyst James Seyffart and his colleague Eric Balchunas have also increased their approval odds to 75% amid industry speculation.

However, Seyffart noted that despite the promising amendments, each fund is still potentially weeks away from launch, pending SEC approval orders on both the 19b-4 filings and subsequent S-1 registration statements. Notably, the amended filings also state that these funds will not engage in Ethereum staking, a move seen as likely to affect the SEC's ultimate decision.