VanEck's Ethereum ETF appears on DTCC
Depository Trust & Clearing Corporation (DTCC) - one of America's preeminent financial infrastructure gatekeepers - has officially listed VanEck's "ETHV" ticker on its website registry. A checkpoint is seen as an important milestone before any ETF can actually launch.
It is worth noting that VanEck's ETHV is currently listed as “inactive” on DTCC's books at the present time.
But the fact that VanEck has managed to secure this DTCC listing, following in the footsteps of Franklin Templeton's ETH fund last month, is clearly being interpreted as a major bullish sign.
Multiple reports suggest SEC officials have been burning up phone lines in recent weeks to quickly update existing spot Ether ETF applications. That type of hectic regulatory work, combined with VanEck and Franklin securing these DTCC prerequisites, has fueled speculation of an imminent green light.
