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Ethereum ETF Trading Coming Soon With Effective Documents Expected To Launch Today

Key Points:

Several spot Ethereum ETFs are set to start trading tomorrow, with five launching on the CBOE and additional listings expected on Nasdaq and NYSE Arca.
Major brokerage platforms like Fidelity, E*TRADE, and Robinhood will support Ethereum ETF tradings by the end of July.
Most Ethereum ETF issuers are waiving or discounting fees to attract investors, except for Grayscale Ethereum Trust and Invesco Galaxy Ethereum ETF.

The anticipated launch of several spot Ethereum ETFs is set to commence tomorrow, according to Bloomberg ETF analyst James Seyffart.

Spot Ethereum ETF Tradings Set to Launch Tomorrow

Documents indicating that the prospectus for the Ethereum ETF trading has become “effective” are expected to appear on the US Securities and Exchange Commission’s website today, either after market close or just before.

On July 23, the Chicago Board Options Exchange (CBOE) will debut five new Ethereum ETFs, including 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF and Franklin Ethereum ETF.

Additionally, four other spot Ethereum ETFs are slated for listing on Nasdaq or NYSE Arca on the same day, although official confirmation from these exchanges is still pending. Notably, Bitwise Spot Ethereum ETF has already announced its upcoming listing on NYSE Arca.

Issuers Waive Fees for Ethereum ETFs to Attract Investors

Major brokerage platforms such as Fidelity, E*TRADE, Robinhood, Charles Schwab, and TD Ameritrade are preparing to support these spot Ethereum ETF tradings by the end of July. These ETFs have secured regulatory approval for trading on major exchanges, including Nasdaq, NYSE Arca, and Cboe BZX.

To attract investors and secure a first-mover advantage, most Ethereum ETF issuers have announced temporary waivers or discounts on fees. However, Grayscale Ethereum Trust and Invesco Galaxy Ethereum ETF (QETH) have not adopted this approach.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.