ProShares Officially Joins Ethereum Spot ETF Battle as BITO Publisher
Bitcoin strategy ETF (BITO) issuer ProShares submitted the S-1 form to the SEC on 6/11, officially joining the battle for an Ethereum spot ETF. The U.S. Securities and Exchange Commission (SEC) had already approved the 19b-4 form for eight Ethereum spot ETFs on 5/23, and is currently awaiting approval for the S-1. Will the newly added ProShares have the opportunity to compete with other ETFs for listing on the same day?