Confirmed: ETH Spot ETF to Launch Next Week!
Ethereum ETF Issuers Prepare to Launch
The stock exchange has updated its platform to show some new companies set to list on July 23. Notably, Ethereum ETFs from Fidelity, Invesco Galaxy, Franklin Templeton, VanEck, and 21Shares are among them. Listing from the platform where many proposed Ethereum ETFs will trade is a huge morale boost for investors who are looking forward to it.
It is worth noting that the U.S. Securities and Exchange Commission (SEC) approved the spot Ethereum ETF on May 23. However, filers must wait for final approval before they can start trading.
During this period, they must file an S-1 registration, Form 8-A, and even an S-1 amendment. In most of their recent filings, the management fees of their individual spot Ethereum ETFs have been increased.
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Meanwhile, an update from the Chicago Board Options Exchange (CBOE) suggests that the long wait for a spot Ethereum ETF is over, which could be the beginning of other crypto ETFs. Talks are already underway on the possibility of a Solana ETF. For all we know, the SEC may back down.
