WuBlockchain Weekly: Ethereum Spot ETF to Begin Trading Next Tuesday, Trump Urges Fed to Avoid Rate Cuts Before Election, Indian Crypto Exchange WazirX Hacked for Over $230 Million, etc
1. SEC: Spot ETH ETF Issuers Can Begin Trading on July 23 link According to sources, the U.S. Securities and Exchange Commission (SEC) has informed spot Ethereum ETF issuers that trading may commence on July 23. The SEC has not provided further comments on the recently submitted S-1 filings, and the final versions must be submitted by Wednesday. Bloomberg Senior ETF Analyst Eric Balchunas tweeted that the SEC has finally responded to issuers, requesting the final S-1 forms (including fees) by Wednesday, so they can go effective after Monday’s close for a Tuesday (July 23) launch, assuming no unforeseen last-minute issues arise. SEC Commissioner Hester Peirce, in an interview with Coinage founder Zack Guzmán, mentioned that the issue of whether an Ethereum ETF can engage in staking is still open for reconsideration. She noted, “Whether it’s staking or any feature of the product, those are things that can be revisited.” The interview also touched on the future of Ethereum ETFs, the devel...