Ethereum spot ETFs were finally approved by the SEC,
The wait is finally over.
After years of regulatory hurdles and amended filings with the SEC, spot Ethereum ETFs were finally approved by the SEC and set to make their debut on US exchanges. This landmark event opens the door for millions of institutional and retail investors to gain exposure to Ethereum (ETH), the second-largest cryptocurrency by market capitalization, through familiar and regulated investment vehicles.
The Chicago Board Options Exchange (CBOE) has confirmed July 23 as the launch date for five spot Ether ETFs: 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. While no official announcements have been made by Nasdaq or the New York Stock Exchange (NYSE) Arca, the remaining four spot ETH ETFs are widely expected to list on these exchanges on the same date.
With the unprecedented launch of the Ethereum Spot ETFs in the U.S., how did ETH react?
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