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Spot Ethereum ETF Trading Now Ready for Inflows

Key Points:

Spot Ethereum ETF trading begins today at 9:30 a.m. EST following SEC approval.
Eight issuers, including Grayscale and BlackRock, will launch Ethereum ETFs with most offering 0% starting fees.
Analysts expect new ETFs could attract $15 billion to $20 billion in their first year.

Farside Investors has announced that today exchanges will launch spot Ethereum ETF trading. The trading will begin at 9:30 a.m. EST.

Ethereum ETF Tradings Debut Today Following SEC Approval

That makes for a big deal, as these ETFs had their approval from the U.S. Securities and Exchange Commission, given the past concerns around Ethereum’s staking features, which raised questions about its classification as a security.

The SEC allowed S-1 registration statements for Ethereum ETFs on Monday afternoon, thereby paving the way for Ethereum ETF tradings. Eight issuers will launch their ETFs to institutional and retail investors.

Notable ETFs include Grayscale’s ETH, Franklin Templeton’s EZET, VanEck’s ETHV, Fidelity’s FETH, and BlackRock’s ETHA. Most of them will have a 0% starting fee, except BlackRock’s ETHA, which will charge a little waiver of 0.12%. Of the ETFs above, Grayscale’s ETF should be the cheapest, running an expense ratio of 0.15%, followed by EZET at 0.19%, ETHV at 0.20%, and ETHW at 0.20%.

Ethereum’s Price and Market Predictions Amid ETF Launch

The Ethereum price changes hands for $3,500, up 25% from this month’s lows. Hopes are that the price of Ethereum might benefit in the same way today as it did when spot Bitcoin ETFs were approved in January, sending its price from under $40,000 to almost $73,780.

Steno Research presumes the new ETFs could amass inflows of $15 billion to $20 billion in the first year, almost rivaling inflows seen by Bitcoin ETFs over seven months. Thus, after months of speculation and regulatory delays, it is a milestone event in the market presence of Ethereum.

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.