Are you prepared for the launch of 9 Ethereum spot ETFs on July 23? Here's everything you need to know to start trading.
After years of regulatory hurdles and countless amended registration filings, spot Ethereum Exchange-Traded Funds (ETFs) are finally hitting the market. Publicly traded Ethereum (ETH) ETF shares will debut alongside stocks like Apple (AAPL) and SPDR S&P 500 ETF Trust (SPY) on major U.S. brokerage platforms.
This highly anticipated launch marks a pivotal moment for the cryptocurrency market, offering opportunities for millions of institutional and retail investors. Below is your essential guide to maximize this event.
When Will Spot Ethereum ETFs Be Available?
The Chicago Board Options Exchange (CBOE) confirmed July 23 as the launch date for five ETFs on its platform:
- 21Shares Core Ethereum ETF
- Fidelity Ethereum Fund
- Invesco Galaxy Ethereum ETF
- VanEck Ethereum ETF
- Franklin Ethereum ETF
Four additional spot ETH ETFs will trade on Nasdaq or NYSE Arca. While these exchanges haven’t officially announced dates, they’re widely expected to debut on July 23 as well.
Where Can I Buy Ethereum ETF Shares?
Short answer: Nearly any major brokerage platform.
Each ETH spot ETF has regulatory approval to trade on at least one U.S. exchange (Nasdaq, NYSE Arca, or Cboe BZX). Investors can access them through brokers like:
- Fidelity
- E*TRADE
- Robinhood
- Charles Schwab
- TD Ameritrade
How Do I Choose the Best ETF?
Nine spot ETH ETFs will soon be available. Key differences:
- Fees: Eight charge 0.15%–0.25% management fees. The outlier is Grayscale Ethereum Trust (ETHE) at 2.5%.
Promotions: Many waive fees temporarily. Standouts:
- Grayscale Ethereum Mini Trust (ETH): 0.15% fee, waived for 6 months or until $2B AUM.
- Franklin Ethereum ETF (EZET): 0.19% fee, waived until January 2025 or $10B AUM.
Will Ethereum ETFs Offer Staking?
Short answer: No—at least not immediately.
The SEC rejected proposals to include staking (which offers ~3.7% annual yield) due to liquidity concerns. Issuers may revisit this in 2024–2025.
FAQs
1. What’s the minimum investment for ETH ETFs?
Most ETFs have no minimum, but check with your broker for share price requirements.
2. Are ETH ETFs safer than holding Ethereum directly?
ETFs provide SEC-regulated exposure without self-custody risks, but lack DeFi utility.
3. How do ETF fees impact returns?
A 0.25% fee on a $10,000 investment costs $25/year—far below typical crypto exchange fees.
👉 Learn about tax implications