WisdomTree To Terminate Ethereum ETF Registration-web3.0-php.cn

Home

web3.0

WisdomTree To Terminate Ethereum ETF Registration

WBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWB

Sep 08, 2024 am 09:38 AM

WisdomTree Ethereum Trust Registration Statement

American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC).

WisdomTree To Terminate Ethereum ETF Registration

American investment company WisdomTree has now filed a request to withdraw its Ethereum Trust registration statement, three years after submitting it to the US Securities and Exchange Commission (SEC). This news comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF due to a lack of demand.

WisdomTree filed a Form S-1 registration statement with the SEC on May 27, 2021, aiming to launch an ETF that would provide investors with exposure to Ethereum at a lower cost and with reduced liability. The ETF, titled “WisdomTree Ethereum Trust,” was set to be listed on the Chicago Board Options Exchange (Cboe). The proposed maximum aggregate offering price of the ETF was $1,000,000.

However, WisdomTree has now decided to withdraw the registration statement of the ETF, along with all relevant exhibits. The asset manager has stated that no securities in relation to the said application have been or will be sold to investors. Additionally, WisdomTree has acknowledged that the filing fees for this registration statement, amounting to $109.10, cannot be refunded. They have also requested that these fees be directed toward future use.

This development comes shortly after VanEck announced plans to shut down its VanEck Ethereum Strategy ETF (EFUT), an investment fund that tracks Ethereum futures contracts. According to VanEck, this decision was made after considering various factors such as “performance, liquidity, assets under management, and investor interest.” Trading activity on EFUT will cease on September 16, and shares will be liquidated on or around September 23.

Meanwhile, the Ethereum spot ETF market saw an outflow of $6 million in the last day, according to data from Farside Investors. The total cumulative net flows of the nascent market now stand at -$568.5 million despite holding over 2% of the Ethereum market. At the time of writing, Ethereum trades at $2,237 following a 6.64% decline in the last day, according to data from CoinMarketCap.

The above is the detailed content of WisdomTree To Terminate Ethereum ETF Registration. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

How to set stop loss in Ouyi Digital Currency App?Apr 22, 2025 am 08:42 AM

There are two ways to set a stop loss in the Ouyi Digital Currency App: 1. Set a stop loss on the trading page: Set a stop loss when opening a position or after opening a position. 2. Set stop loss on the specific position page: Click "Position", select the position, and set the stop loss trigger price and quantity.

Where to look at the ratio of long and short data in the currency circleApr 22, 2025 am 08:39 AM

The ten apps that can view the long-short data ratio in the currency circle are: 1. CoinMarketCap, providing comprehensive information; 2. Binance, trading platform, high liquidity; 3. OKX, world-leading, supports multiple trading; 4. TradingView, chart platform, rich technical analysis tools; 5. Kraken, European platform, high security; 6. Bitfinex, suitable for professional traders; 7. Bitstamp, stable and reliable; 8. Huobi, rich trading functions; 9. Coinglass, focusing on the contract market, friendly interface; 10. Delta, integrating market data, supporting long-short analysis.

How to make money in currency contracts? A list of tips for double contracts in the currency circleApr 22, 2025 am 08:36 AM

The core methods of profitability in currency circle contracts include: 1. Trend tracking and band operations, driving profit through technical analysis and news surface; 2. Arbitrage and hedging strategies, using cross-platform price spreads and options hedging; 3. Reasonable use of leverage, adjusting leverage multiples according to market fluctuations; 4. Risk control, setting stop loss and take profit and managing positions.

The latest inventory of the top ten digital currency exchanges in the world in 2025 and analysis of advantages and disadvantagesApr 22, 2025 am 08:33 AM

The top ten digital currency exchanges in the world in 2025 are: Binance, OKX, Gate.io, Coinbase, Kraken, Huobi, KuCoin, Bybit, Bitstamp and Upbit. 1. Newbie/institutional users should choose Coinbase and Kraken because of their strong security and compliance and transparency. 2. High frequency/derivative traders are suitable for use with Binance, OKX and Bybit, providing low rates and high liquidity. 3. Users who explore small currencies can choose KuCoin and Gate.io, but they need to pay attention to diversifying risks. 4. Users with localization needs can choose Huobi (Asia), Upbit (South Korea) and Bitstamp (Europe).

Top 10 virtual currency trading platforms with the lowest handling feeApr 22, 2025 am 08:30 AM

Binance spot trading fee is 0.1%, and holding BNB can be reduced to 0.025%; OKX rate is 0.1%-0.2%, with a minimum of 0.02%; Gate.io rate is 0.2%, with a minimum of 0.10%; FTX rate is 0.02%-0.05%, but has filed for bankruptcy; Coinbase Pro rate is as low as 0.05%, ordinary users; Kraken rate is 0.16%-0.26%, with a minimum of 0.10%; Bitfinex rate is 0.1%-0.2%, with a minimum of 0.02%; Huobi rate is 0.2%, with a minimum of 0.02%; KuCoin rate is 0.1%, with a minimum of 0.02%; Bithumb rate is 0.15%, with a minimum of 0.02%; Huobi rate is 0.2%, with a minimum of 0.02%; KuCoin rate is 0.1%, with a minimum of 0.02%;

A inventory of special services for major virtual currency trading platforms around the worldApr 22, 2025 am 08:27 AM

The special services of global virtual currency trading platforms include: 1. Comprehensive ecological platforms such as Binance and OKX, providing a variety of cryptocurrency trading pairs and ecosystems; 2. Compliance and security platforms such as Coinbase and Gemini, emphasizing regulatory compliance and user asset security; 3. Professional trading platforms such as Bitfinex and Kraken, focusing on high-leverage trading and technical support; 4. Innovative service platforms such as Crypto.com and FTX, launching innovative financial products; 5. Regional featured platforms such as Bitstamp and Huobi Global, providing localized services and compliance solutions.

Top 10 recommended virtual currency trading platforms for cross-border transactions

When choosing a cryptocurrency exchange, priority is given to compliance, liquidity, service type and regional adaptation: 1. Compliance: Choose a platform regulated by SEC, FINCEN or the EU, such as Coinbase, Bitstamp. 2. Liquidity: Binance and OKX are suitable for large-value trading. 3. Service type: Newbie choose Coinbase, derivative traders choose Bybit or Bitfinex. 4. Regional adaptation: Asian users choose Huobi, European and American users choose Kraken.

Top 10 recommended security rankings for virtual currency trading platforms in 2025

When choosing a cryptocurrency exchange, you should consider: 1. Compliance, and give priority to platforms regulated by SEC, FINCEN or the EU, such as Coinbase, Bitstamp; 2. Liquidity, Binance and OKX are suitable for large-scale trading; 3. Service type, novices choose Coinbase, derivative traders choose Bybit or Bitfinex; 4. Regional adaptation, Asian users choose Huobi, European and American users choose Kraken.