5 Spot Ethereum ETFs, Including Fidelity and VanEck, Are Set to Launch on July 23

Cboe will house much of the initial trading of Ether ETFs. The exchange has revealed that trading will begin next week.

Five upcoming Ethereum ETFs, including those from Fidelity and VanEck, are set to launch on July 23, according to the CBOE exchange.

Cboe posted new challenge notices Friday afternoon, which are procedural for ETF launches, revealing the Ethereum ETF launch date.

Cboe will host the first trading of several Ether ETFs. The exchange announced that trading will commence next week for the Fidelity Ethereum Fund, the Franklin Ethereum ETF, the Invesco Galaxy Ethereum ETF, the VanEck Ethereum ETF and the 21Shares Core Ethereum ETF.

“We are pleased to announce that 1 Exchange Traded Product (‘ETP’) will be listed on Cboe and will commence trading as a new challenge on July 23, 2024,” the exchange said.

Read also: Ethereum: Will ETH ETF Have a Bigger Impact Than Bitcoin Did?

How Are Companies Pricing Their Ethereum ETFs?

Ether ETF candidates received initial 19b-4 form approvals back in May. However, there were still some delays in tying up loose ends.

Companies disclosed expense ratios in amended registration statements on Wednesday:

Read also: Pepe Coin’s 390% Boom: Next Big Crypto?

Another interesting note is the timing of the approval. The SEC is greenlighting the launch date of the Ethereum ETF during the biggest Bitcoin conference of the year. That week will be a historic one for crypto, as BTC and ETH will be the only two cryptocurrencies with an ETF in the U.S.

Now, all eyes will be on which token will be next. There has been anticipation surrounding a potential Solana ETF, which could be coming soon.

Crypto ETFs are in the spotlight. As a result, the opening week performance of Ether ETFs could dictate how easily the next ETF is approved in the future.

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