🔥US spot Ethereum ETFs will start trading on July 23, following unexpected approval by the SEC in May.

Here are the firms that have received the green light to launch their ETFs:

➡️BlackRock

- Product: iShares Ethereum Trust

- Fee: 0.25% (reduced to 0.12% for 12 months or $2.5 billion AUM)

➡️Grayscale

- Product: Grayscale Ethereum Trust (ETHE)

- Fee: 2.5% for main ETF, 0.15% for Mini Trust (fees waived for six months or until $2bn AUM)

➡️21Shares

- Product: 21Shares Core Ethereum ETF (CETH)

- Fee: 0.21% (waived for six months or until $500m AUM)

➡️ProShares

Approved, but specifics like ticker and fee structure not yet announced

➡️Fidelity

- Product: Fidelity Ethereum Fund (FETH)

- Fee: 0.25% (waived until end of 2024)

➡️VanEck

- Product: VanEck Ethereum ETF (ETHV)

- Fee: 0.20% (waived for the first year or until $1.5bn AUM)

➡️Franklin Templeton

- Product: Franklin Ethereum ETF (EZET)

- Fee: 0.19% (waived until end of January 2025 or $10bn AUM)

➡️Invesco/Galaxy Digital

- Product: Invesco Galaxy Ethereum ETF (QETH)

- Fee: 0.25%

➡️Bitwise

- Product: Bitwise Ethereum ETF (BITW)

- Fee: 0.20% (waived for the first six months or until $50m AUM)

➡️Hashdex

Initially proposed but later abandoned a spot Ethereum ETF; now pursuing a combined Bitcoin and Ethereum spot ETF.

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