SEC Approves All 8 Spot Ethereum ETFs

May 24, 2024 Tóth Balázs
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The U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 forms for all eight spot Ethereum ETFs submitted by issuers, including BlackRock, Fidelity, VanEck, and Grayscale. This approval is just the first of two crucial steps needed for the spot ETH ETFs to begin trading. The S-1 forms, required for the public offering of new securities, still need to be approved. It is currently unclear how long this process will take, but some analysts believe it could take several weeks.
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