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CryptoIntelligence 2024-07-21 19:53:18

Five Spot Ethereum ETFs to Launch on CBOE, Anticipated to Attract Billions in Inflows

Five spot Ethereum exchange-traded funds (ETFs) will start trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19. On May 23, the United States Securities and Exchange Commission (SEC) approved rule changes allowing the listing of several spot Ether ETFs. However, the regulator still needed to approve each fund issuer’s respective S-1 registration statements before the new products could begin trading. The five spot Ether ETFs set to begin trading are the 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. To gain

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