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Yes, Ethereum ETFs have been approved by the U.S. Securities and Exchange Commission (SEC). Here are some details about Ethereum ETFs ¹ ² ³:

- The SEC approved eight spot Ether ETFs on May 23.

- BlackRock, Fidelity and Grayscale Investments are among the investment firms that have applied to create spot Ether ETFs.

- The first Ether futures ETFs were approved in October 2023.

- ProShares, VanEck and Bitwise are among the issuers of Ether futures ETFs.

- These ETFs offer exposure to Ether price movements without actually holding the cryptocurrency.

- Some Ether futures ETFs have performed well, with gains of up to 105% in their first six months of trading.

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