The CBOE has granted "certified approval" for applications from companies such as Fidelity, VanEck, 21Shares, and Franklin to list spot Ethereum ETFs, pending the final approval from the SEC.
Issuers vying for the Ethereum ETF will need to wait for the SEC to approve the registration statements to become effective, as part of a two-stage process.
The agency approved forms 19b-4 in May, marking the first step.
Bloomberg Senior ETF Analyst Eric Balchunas previously mentioned that firms were planning to “request events” on Monday. Balchunas and other sources also anticipated that the ETFs would start trading on Tuesday.
The Cboe Exchange, where most of the proposed Ethereum ETFs will be listed, announced last week that they would commence trading on Tuesday. #ETH #ethereum #sec #bitcoin #cryptocurrencies