Chicago Board Options Exchange (Cboe) confirmed that spot Ethereum ETFs will be listed for trading on Tuesday, July 23. The announcement was made via notices posted on the Cboe website minutes ago.
The following spot Ethereum ETFs will begin trading on Tuesday: 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), Franklin Ethereum ETF (EZET), Invesco Galaxy Ethereum ETF (QETH), and VanEck Ethereum ETF (ETHV).
Cboe is pleased to announce that an Exchange Traded Product (ETP) will list on Cboe and begin trading as a new issue on July 23, 2024.
This date was expected for the start of trading. Earlier this week, multiple sources familiar with the matter said they expect the SEC to give final approvals for trading to begin on July 23. This expectation was based on the regulator requesting final draft applications from firms.
In an unexpected development, Ethereum ETFs received initial approvals from the SEC in May. This comes as a surprise as the regulator has been scrutinizing Ethereum-based firms and treating the asset differently than Bitcoin.
However, just four months after spot Bitcoin ETFs began trading in the United States, the SEC received the first approvals for Ethereum ETFs.