According to multiple sources, the SEC has informed Ethereum ETF issuers that they will be allowed to start trading next Tuesday, July 23.
CoinDesk reports that the SEC has communicated the trading start date to Ethereum ETF issuers, confirming that trading will commence next Tuesday, July 23.
The SEC has also requested that issuers finalize and resubmit their S-1 filings by this Wednesday, July 17.
Bloomberg ETF analyst Eric Balchunas corroborated this information in a post on X (formerly Twitter). In late May, the SEC granted preliminary approval for Ethereum ETF proposals from major Wall Street firms like BlackRock, Fidelity, and VanEck, but had not set a specific trading date. Since then, issuers have been diligently updating their S-1 filings to obtain final SEC approval. To date, only VanEck, Invesco, and Galaxy have revealed specific trading fees.
The price of ETH has climbed nearly 6% in the past few hours, reaching $3,498, thanks to the news that the Ethereum ETF could start trading next week.
