**Spot Ether ETFs Approved for Trading in the U.S.**

Big news for the crypto world! The U.S. Securities and Exchange Commission (SEC) has given the green light for spot Ether (ETH) exchange-traded funds (ETFs) to start trading tomorrow, July 23.

- **Key Players**: Major financial firms like BlackRock, Fidelity, Grayscale, 21Shares, Bitwise, Franklin Templeton, VanEck, and Invesco Galaxy are all set to launch their spot Ether ETFs.

- **Exchanges**: These ETFs will be listed on prominent stock exchanges including the Nasdaq, New York Stock Exchange (NYSE), and Chicago Board Options Exchange.

- **Fees**: Most of these ETFs will have a base fee between 0.15-0.25%, but several issuers plan to waive fees initially to attract investors.

This move follows the SEC's approval of rule changes back in May, allowing these ETFs to be listed. Analysts are buzzing with predictions, expecting these new products to capture 10-20% of the flows seen by spot Bitcoin ETFs since their launch.

Stay tuned as the crypto market reacts to this significant development!