SEC Approves Spot Ethereum ETFs event

Event · PageRank 0.0008

Overview

The SEC approved U.S. spot Ethereum ETFs in two steps in 2024. On May 23, 2024 it approved the 19b-4 exchange rule-change filings that permitted listing, covering issuers including BlackRock, Fidelity, VanEck, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise. The funds still could not trade until their Securities Act registration statements were cleared: on July 22, 2024 the SEC declared nine S-1 registration statements effective, and the ETFs began trading on July 23, 2024. The approvals followed the January 2024 spot bitcoin ETF approvals and made ether the second crypto asset with a U.S. spot exchange-traded product.

Within the DeFi Intel graph, SEC Approves Spot Ethereum ETFs connects to 1 tracked entity, most strongly to iShares Ethereum Trust ETF.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

Frequently asked questions

When did the SEC approve spot Ethereum ETFs?

The SEC approved the 19b-4 listing filings on May 23, 2024, then declared the S-1 registration statements effective on July 22, 2024.

When did spot Ether ETFs start trading?

July 23, 2024, after nine registration statements were declared effective the previous day.

Which issuers were involved?

Approved 19b-4 filings covered issuers including BlackRock, Fidelity, VanEck, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise.