As of May, the US SEC had finally cleared the first batch of Ethereum ETF however, trading was restricted to a certain extent. Getting approval on S-1 documents was necessary to begin trading.
After passing the SEC Bitcoin ETF approval date, the next question arises is –
When Is ETH ETF Approval Date?
As per the resources, the Ethereum ETF Approval date is predicted to be July 4, 2024.
Industry leaders and other participants told Reuters that negotiations between regulators and asset managers are nearing conclusion.
The SEC is seeking clearance for the funds from eight asset managers, including VanEck, Franklin Templeton (BEN.N), Grayscale Investments, and BlackRock (BLK.N), opening a new tab. At the end of a ten-year battle with regulators, most of them had launched spot bitcoin ETFs in January. Grayscale aims to create an ETF by converting an existing trust once again.
Suggested Read: Solana ETFs To Get Advantage Of Ethereum ETF Approval Date
8 Types Of ETH ETF To Be Approved
Listed below are 8 different types of Ethereum ETFs that have filed their registrations with the SEC-
Fund Name | Symbol | Fee | Notes |
Franklin Ethereum Trust | EZET | 0.19% | Fee waived for first six months of trading or first $10 billion in fund assets, whichever comes first. |
VanEck Ethereum Trust | ETHV | 0.20% | Fee waived for first $1.5 billion in fund assets. |
Grayscale Ethereum Mini Trust | ETH | 0.20% | N/A |
Fidelity Ethereum Fund | FETH | TBD | N/A |
21Shares Core Ethereum ETF | CETH | TBD | N/A |
Bitwise Ethereum ETF | ETHW | TBD | N/A |
Invesco Galaxy Ethereum ETF | QETH | TBD | N/A |
iShares Ethereum Trust | ETHA | TBD | N/A |
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