The post 9 Spot Ethereum ETFs Are Trading Following SEC Approval, Here’s Where To Buy Them appeared on BitcoinEthereumNews.com.

The Spot Ethereum ETFs finally launched on July 23 following a green light from the US Securities and Exchange Commission (SEC). This marked a significant moment for crypto and ETFSwap (ETFS) specifically, considering how it is set to become the leading platform for investing in these Spot Ethereum ETFs. Nine Spot Ethereum ETFs Begin Trading Following SEC Approval  Nine Spot Ethereum ETFs began trading on July 23 following the SEC’s approval. On July 22, the SEC approved the final S-1 applications of the Spot ETH ETF issuers, thereby paving the way for these funds to begin trading the next day. The nine Spot Ethereum ETFs that have begun trading include funds by BlackRock, Grayscale, VanEck, Bitwise, 21Shares, Franklin Templeton, Fidelity, and one by Invesco and Galaxy Digital.  It is worth mentioning that Grayscale is offering two Spot Ethereum ETFs. The SEC approved Grayscale’s application to convert its Ethereum Trust (ETHE) to a Spot ETH ETF and its other application to offer the Ethereum Mini Trust (ETH). Interestingly, Grayscale’s Spot Ethereum ETFs boast the most expensive and cheapest fees. ETHE and ETH have a 2.5% and 0.15% management fee, respectively.  These nine Spot Ethereum ETFs had to wait an extra two months to begin trading, considering that the SEC had approved the 19b-4 filings in May, which allowed these funds to be listed and traded on exchanges. However, fund issuers needed the SEC to approve their S-1 filings before they could begin trading, which the Commission finally did on July 22.  ETFSwap (ETFS) Is The Best Place To Trade These Spot Ethereum ETFs ETFSwap (ETFS) will emerge as the go-to platform for trading these Spot Ethereum ETFs. The decentralized trading platform is set to launch its beta platform on which these TH ETFs will be tokenized and made available for on-chain…

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Filed under: News - @ August 4, 2024 11:06 pm