According to U.Today, BlackRock's Ethereum exchange-traded fund (ETF) has been listed by the Depository Trust and Clearing Corporation under the ETHA ticker. This development comes after the U.S. Securities and Exchange Commission (SEC) approved 19b-4 forms from several Ethereum ETFs from issuers including BlackRock, Fidelity, and VanEck, among others. This decision by the SEC was unexpected as it was widely anticipated to reject these funds just a week prior. The SEC is now in discussions with potential issuers regarding S-1 registration statements. For Ethereum ETFs to commence trading, each corresponding S-1 registration statement also needs to be approved. However, the timeline for when these ETFs will actually start trading remains unclear. James Seyffart, a market analyst, clarified that the approval of 19b-4 does not mean that trading will begin immediately. The approval of the S-1 documents is still required, which is expected to take a few weeks, but could take longer. In related news, the price of Ethereum has experienced some fluctuations. After a significant rally, the ETH price has now reduced some gains, currently trading at $3,629. John Bollinger, a prominent trader, recently cautioned that Ethereum’s rally was overextended.