Ethereum Spot ETFs: All S-1 Amendments Submitted, Awaiting SEC Decision

Eight companies preparing to launch Ethereum spot ETFs have completed the necessary S-1 amendments and are now awaiting approval from the U.S. Securities and Exchange Commission (SEC).

The ETFs are expected to be approved around July 2024, with significant interest and anticipation in the cryptocurrency community.

S-1 Registration Documents

The S-1 registration document includes detailed information about the ETF's structure, investment objectives, management, risk factors, and fees.

Currently, eight companies aiming to provide Ethereum spot ETFs are in the final stages of securing approval.

Another essential application document for the launch of spot ETFs, the 19b-4, was fully approved on May 24, 2024. The names and listing exchanges of these ETFs are as follows:

Awaiting SEC Decision

Nate Geraci, president of the investment advisory firm ETF Store, reported on June 22, 2024, that all S-1 amendments for Ethereum spot ETFs have been submitted. The current status is pending a decision from the U.S. Securities and Exchange Commission (SEC).

So far, only Franklin Templeton and VanEck have disclosed the fees for their Ethereum spot ETFs, with Franklin charging 0.19% and VanEck charging 0.20%.

The approval of the Ethereum spot ETFs is anticipated around July 2024. SEC Chairman Gary Gensler mentioned on June 13 that he expects approvals to occur "by the end of this summer."

While the exact approval date remains unknown, some experts predict that Ethereum spot ETFs could be approved as early as early July 2024. This speculation has garnered significant attention in the cryptocurrency industry.

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