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US spot Ethereum ETF officially approved
2024-07-22 23:57
Odaily News The U.S. Securities and Exchange Commission (SEC) has notified at least two of the eight companies that have applied to launch the first U.S. spot Ethereum ETFs that their products can begin trading on Tuesday (July 23). Products from BlackRock, VanEck and six other companies will begin trading on three different exchanges on Tuesday morning: the Chicago Board Options Exchange (CBOE), Nasdaq and the New York Stock Exchange, all of which have confirmed that they are ready to start trading. Bloomberg ETF analyst Eric Balchunas said: "The spot Ethereum ETF has gone into effect with the SEC. Form 424(b) is being submitted in succession. This is the last step, which means everything is ready and trading can start at 9:30 a.m. on Tuesday (9:30 p.m. Beijing time tonight). Game on."