Asset management giant VanEck has filed an 8-A form, signaling the final steps toward launching its spot Ethereum (ETH) exchange-traded fund (ETF).
In a separate but related development, the firm has decided to waive all fees for its upcoming spot Ethereum ETF.
Bankrupt cryptocurrency exchange FTX might be able to settle a $24 million claim from the U.S. Internal Revenue Service (IRS) for $200 million. This settlement is still pending court approval, but would resolve one of the thornier disputes and bigger claims amounting to billions of dollars.