The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF will begin trading on July 23
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.
Five spot Ethereum exchange-traded funds (ETF) will start trading on the Chicago Board Options Exchange on July 23, "subject to 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, before the new products could begin trading, the regulator still needed to approve each fund issuer's respective S-1 registration statements.
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.
In an attempt to gain an early market advantage, virtually all of the ETH ETF issuers have announced plans to temporarily waive or discount fees in order to compete for market share once the products begin trading.
