ChainCatcher reported that according to the document on July 17, the U.S. Securities and Exchange Commission approved two spot Ethereum ETFs, Grayscale Ethereum Mini Trust and ProShares Ethereum ETF, to be listed on the Arca electronic trading platform of the New York Stock Exchange (NYSE). After the relevant 19b-4 form application is approved, the NYSE has the right to promote the trading of these funds. However, before the spot products actually start to be listed, the issuer must still wait for the final opinion of the ETF's respective S-1 application.
A Grayscale spokesperson said in a statement: “Grayscale is pleased to announce that the SEC has approved the Form 19b-4 for the Grayscale Ethereum Mini Trust. The Grayscale team will continue to engage constructively with the SEC staff as we seek full regulatory approval for the spot Ethereum ETP in the United States.”
