Ethereum spot ETFs are scheduled to launch on the markets on July 23: awaiting approval of the S-1 forms.
According to Bloomberg analyst Eric Balchunas, Ethereum spot ETFs are set to begin trading in the United States on July 23.
On July 15, the SEC instructed ETF issuers to submit their updated S-1 forms by July 17. The S-1 form is an initial registration document required before a security can be publicly traded in the United States. The S-1 forms were initially filed with the SEC on July 8.
Several financial firms have applied for Ethereum spot ETFs, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark 21Shares, Invesco Galaxy, and Franklin Templeton. According to Reuters, BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the SEC. The eight ETFs are expected to launch simultaneously, similar to the spot Bitcoin ETFs.
Only a few issuers have disclosed the management fees for their ETFs. Among them, Invesco and Galaxy have set management fees for their product at 0.25%, slightly higher than VanEck and Franklin Templeton, which have announced fees of 0.20% and 0.19%, respectively.
According to Bitwise CIO Matt Hougan, Ethereum spot ETFs could attract capital inflows of around $15 billion by the end of 2025. Gemini Exchange, on the other hand, anticipates inflows of approximately $5 billion in the first six months.
