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.
