Spot Ethereum ETFs have been made effective by SEC and set to launch on July 23rd

Spot Ethereum ETFs have been made effective by the Securities and Exchange Commission. Five Spot Ethereum ETFs including VanEck, Invesco, Fidelity, 21Shares and Franklin Templeton, are set to launch today, on July 23rd, at 9:30 UTC, according to the CBOE exchange. Ether ETF applicants first received 19b-4 form approvals back in May. However, there has been a delay in wrapping up final loose ends. Current $ETH price is around $3,500.