BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs

  • Eight spot Ethereum ETF applicants, including Fidelity and VanEck, have updated their S-1 documents.
  • Franklin set its fees at 0.19%, while VanEck announced a 0.2% fee for its spot Ethereum ETF.
  • BlackRock disclosed a $10 million seed investment in its spot Ethereum ETF.

Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated filings for their spot Ethereum exchange-traded fund (ETF) applications, marking a significant step forward in the race for regulatory approval from the U.S. Securities and Exchange Commission (SEC).

Bloomberg ETF analyst Eric Balchunas highlighted this development, noting that the SEC is now reviewing the documents for final changes before granting approval. Balchunas predicts a potential launch date for these ETFs around July …

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