As of now, the U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 filings for eight spot Ethereum ETFs from major financial institutions such as BlackRock, VanEck, Fidelity, ARK 21Shares, and others. However, these ETFs still require final approval of their S-1 registration statements before they can begin trading on exchanges .
The final steps are anticipated to be completed soon, with analysts predicting that these Ethereum ETFs could potentially begin trading by late June or early July . The approval of these ETFs is expected to significantly impact the market by making Ethereum more accessible to a broader range of investors, which could lead to substantial inflows and potentially higher prices .
For the most current updates, keep an eye on announcements from the SEC and the respective ETF issuers.
