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Spot ETH ETFs Expected to Begin Trading on Tuesday, June 23rd

Industry sources say that the US SEC has given preliminary approval to three asset managers to launch ETFs tied to the spot price of Ethereum next Tuesday, with one source quoting that all eight funds could launch simultaneously.

The three asset managers that received preliminary approval include:

BlackRock
Franklin Templeton
VanEck

The remaining five asset managers that are also expected to launch include:

Fidelity
Greyscale
21Shares
Bitwise
Invesco Galaxy

The approval hinges on all applicants submitting documents for final approval by the end of the week, with the three aforementioned asset managers already having completed their submissions and are expecting to be green-lit on Monday.

Sources spoke to journalists on background due to confidentiality, and a spokesperson for the SEC said the agency does not comment on individual filings.

References:

https://www.reuters.com/technology/spot-ether-etfs-likely-begin-trading-july-23-industry-sources-say-2024-07-15/

https://www.coindesk.com/business/2024/07/17/all-ether-etf-applicants-have-submitted-their-final-forms/

https://cointelegraph.com/news/sec-reportedly-given-three-spot-ethereum-etf-issuers-preliminary-approval

Ethereum

**Spot ETH ETFs Expected to Begin Trading on Tuesday, June 23rd**

Industry sources say that the US SEC has **given preliminary approval to three asset managers** to launch ETFs tied to the spot price of Ethereum next Tuesday, with one source quoting that all eight funds could launch simultaneously.

**The three asset managers that received preliminary approval include:**

- BlackRock
- Franklin Templeton
- VanEck

**The remaining five asset managers that are also expected to launch include:**

- Fidelity
- Greyscale
- 21Shares
- Bitwise
- Invesco Galaxy

The approval hinges on all applicants submitting documents for final approval by the end of the week, with the three aforementioned asset managers already having completed their submissions and **are expecting to be green-lit on Monday.**

Sources spoke to journalists on background due to confidentiality, and a spokesperson for the SEC said the agency does not comment on individual filings.

**References:**

https://www.reuters.com/technology/spot-ether-etfs-likely-begin-trading-july-23-industry-sources-say-2024-07-15/

https://www.coindesk.com/business/2024/07/17/all-ether-etf-applicants-have-submitted-their-final-forms/

https://cointelegraph.com/news/sec-reportedly-given-three-spot-ethereum-etf-issuers-preliminary-approval

Trustless

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ETH ETF News: @NYSE approves @Grayscale #Ethereum Mini Trust ETF!

Misterwhite

Ethereum has given humanity the ability to manifest their individual ideals of financial freedom. In every respect, Ethereum represents financial freedom.

We are born into systems where we get NO CHOICE in how we interact with money. Which is a problem because money enables us to partake in the most basic human necessities.

Ethereum has given us the ability to interact with any monetary system we see fit. Or, create it, if it doesn’t.

It is my opinion that Ethereum will flip Bitcoin as the #1 crypto currency in the world. Because it provides so much more for the world.

Many other L1s have used the model of Ethereum to create their islands of financial freedom. Which is a testament to Ethereums power.

Ethereum has given humanity the ability to manifest their individual ideals of financial freedom. In every respect, Ethereum represents financial freedom. 

We are born into systems where we get NO CHOICE in how we interact with money. Which is a problem because money enables us to partake in the most basic human necessities.

Ethereum has given us the ability to interact with any monetary system we see fit. Or, create it, if it doesn’t.

It is my opinion that Ethereum will flip Bitcoin as the #1 crypto currency in the world. Because it provides so much more for the world. 

Many other L1s have used the model of Ethereum to create their islands of financial freedom. Which is a testament to Ethereums power.

ETH is the second most well-known coin after Bitcoin, so it will probably lead the pack in at least the next couple of bull markets. After that, the flaws of the Ethereum network will probably become more obvious and will start to fall out of favor. It looks like we could be on the verge of the next bull market.

Ethereum

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