{"id":1039881,"date":"2021-08-22T11:36:43","date_gmt":"2021-08-22T15:36:43","guid":{"rendered":"https:\/\/www.dcforecasts.com\/?p=71985"},"modified":"2021-08-22T11:36:43","modified_gmt":"2021-08-22T15:36:43","slug":"proshares-and-vaneck-apply-to-withdraw-ethereum-etf-filings-from-sec","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/proshares-and-vaneck-apply-to-withdraw-ethereum-etf-filings-from-sec\/","title":{"rendered":"ProShares And VanEck Apply To Withdraw Ethereum ETF Filings From SEC"},"content":{"rendered":"\n
ProShares and VanEck asset managers decided to apply to withdraw their ethereum ETF filings from the SEC on the same day so let\u2019s read more in our latest ethereum news<\/a> today.<\/p>\n It is still unclear why both of these asset managers chose to apply to withdraw their applications. Less than two days after submitting separate applications to the US SEC, asset managers ProShares and VanEck decided not to pursue exchange-traded funds with more exposure to Ether. In the individual, Friday filings with the SEC, the legal representative of ProShares and VanEck both said the companies elected not to proceed with registering the respective ETH-based exchange-traded fund. VanEck submitted the filing to launch an Ethereum ETF strategy with the SEC while Proshares applied the same day.<\/p>\n <\/p>\n