The United States Securities and Exchange Commission (SEC) has approved two spot Ethereum exchange-traded funds (ETFs) — Grayscale Ethereum Mini Trust and ProShares Ethereum ETF — for listing on the New York Stock Exchange’s (NYSE’s) Arca electronic trading platform, according to a July 17 filing. The approval of the Form 19b-4 filing authorizes NYSE to facilitate trading of these funds. However, the issuers must await final comments on the ETFs’ respective S-1 filings before the spot products can officially commence listing. This marks a significant step towards broader accessibility of Ethereum investment products.
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