Key Takeaways
- The SEC has granted preliminary approval for Ethereum-based exchange-traded funds (ETFs).
- Issuers submitted updated proposals, with trading set to commence on July 23, 2024.
- Explore the complete list of U.S.-traded Ethereum ETFs below.
Introduction
Following the SEC’s May approval of Ethereum ETFs, U.S. investors eagerly awaited their market debut. The launch date is now confirmed for July 23, offering a regulated avenue for ETH exposure without direct cryptocurrency ownership.
How to Invest in Ethereum ETFs
ETFs provide a streamlined alternative for investors cautious about direct crypto purchases. Here’s a step-by-step guide:
- Choose a Brokerage: Select a platform supporting ETF trading.
- Open an Account: Complete identity verification and fund your account.
- Research ETFs: Compare options aligning with your goals (e.g., spot vs. futures ETFs).
- Purchase Shares: Buy ETF shares like traditional stocks.
👉 Discover top-rated brokerages for ETF trading
Types of Ethereum ETFs
- Spot ETFs: Hold actual ETH, mirroring its price.
- Futures ETFs: Track ETH prices via derivatives contracts.
Global Availability
While U.S. ETFs debut on July 23, international options like the 21Shares Ethereum ETF (Australia) and 3iQ CoinShares Ether Feeder ETF are already live.
U.S. Spot Ethereum ETFs: Full List
| Name (Ticker) | Starting Fee | Waiver Duration | Post-Waiver Fee |
|-----------------------------|-------------|--------------------------------|----------------|
| Grayscale Ethereum Trust (ETHE) | 2.5% | N/A | 2.5% |
| Grayscale Ethereum Mini Trust (ETH) | 0.0% | 6 months or $2B assets | 0.15% |
| Franklin Ethereum ETF (EZET) | 0.0% | Until 01/31/25 or $10B assets | 0.19% |
| VanEck Ethereum ETF (ETHV) | 0.0% | 1 year or $1.5B assets | 0.20% |
(Full table expanded in original content.)
ETH ETF Launch Timeline
- May 23, 2024: SEC approves ETF listings on Nasdaq, CBOE, and NYSE.
- July 17, 2024: CBOE confirms five ETH ETFs will trade starting July 23.
- July 22, 2024: SEC finalizes approvals for BlackRock, VanEck, and others.
👉 Stay updated with real-time ETF news
Fee Structures and Waivers
Issuers compete with aggressive fee strategies:
- VanEck: 0.20% fee, waived until $1.5B assets.
- Franklin Templeton: Lowest at 0.19%.
- Grayscale: 2.5% for main trust; 0.25% for mini trust.
FAQs
1. What’s the difference between spot and futures Ethereum ETFs?
Spot ETFs hold physical ETH, while futures ETFs use contracts tied to ETH’s price.
2. When can I start trading Ethereum ETFs?
Trading begins July 23, 2024, on major exchanges like NYSE and Nasdaq.
3. Are there fees for Ethereum ETFs?
Yes, but many issuers offer temporary waivers (e.g., 0% for 6–12 months).
4. Which Ethereum ETF has the lowest fee?
Franklin Templeton’s EZET charges 0.19% post-waiver.
5. Can I buy Ethereum ETFs outside the U.S.?
Yes, options like 21Shares are available in Australia and Hong Kong.
Conclusion
The SEC’s approval marks a milestone for Ethereum, bridging crypto and traditional finance. Investors gain a compliant, fee-competitive vehicle for ETH exposure—launching July 23.