The SEC has approved all Spot Ethereum ETFs
The approval means that asset managers like Grayscale, Fidelity, and Bitwise can now launch ETFs that directly track the price of Ethereum (ETH)
Many issuers, such as VanEck, ARK21 Shares, Hashdex, Invesco Galaxy, Franklin Templeton, Fidelity, and BlackRock, have submitted applications for Ether-based ETFs. VanEck faced the most immediate approval deadline. The approval means that asset managers like Grayscale, Fidelity, and Bitwise can now launch ETFs that directly track the price of Ethereum (ETH).
