Ethereum
Ethereum Spot ETFs: 9 Tickers to Watch as New Funds Start Trading
Source: shutterstock.com/BT Côté
Place Ethereum (ETH-USD) Exchange-traded funds (ETFs) began trading on Tuesday, marking a milestone for fans of the Ethereum blockchain.
Let’s get into the many Ethereum spot ETFs which started trading today below!
Spot the Ethereum ETFs to watch on Tuesday
- Grayscale Ethereum Trust (OTCMKTS:ETHÉ)
- Grayscale Ethereum Mini Trust (NYSEARCA:ETH)
- Ethereum ETF at the Bit Level (NYSEARCA:ETHW)
- iShares Ethereum Fund (NASDAQ:ETHA)
- VanEck Ethereum Trust (BATS:ETHV)
- ARK 21Shares Core Ethereum ETF (BATS:CETH)
- Invesco Galaxy Ethereum Exchange Traded Fund (BATS:QETH)
- Fidelity Ethereum Fund (BATS:FETH)
- Franklin Ethereum Exchange Traded Fund (ETF) (BATS:EZET)
This is the first time investors can buy shares in Ethereum ETFs using spot trading. Previously, they were limited to Ethereum ETF futures. This change comes after the spot Bitcoin (BTC-USD) ETFs began trading earlier this year.
Cryptocurrency traders are celebrating the launch of Ethereum spot ETFs today as it marks another victory for the market. Cryptocurrencies have come under increased scrutiny from the Securities and Exchange Commission (SEC) as the government seeks to impose additional regulations for the emerging market.
Ethereum Spot ETFs allow investors to invest in crypto without owning it directly. This opens the market to some investors who do not want direct exposure or have to get involved in the sector.
Below are many more stock market stories that traders will want to read!
We’ve got all the most important stock market news investors need to know on Tuesday! That includes what’s happening with stocks like Robotics at the service (NASDAQ:SERV) action, Jaguar Health (NASDAQ:JAGX) stock and AMC Entertainment (NYSE:AMC) stock today. All this news is ready to be broadcast on the links below!
More Tuesday Stock Market News
As of the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to the advice of InvestorPlace.com Publication Guidelines.
As of the date of publication, the responsible editor did not hold (either directly or indirectly) any positions in the securities mentioned in this article.
Article printed by InvestorPlace Media, https://investorplace.com/2024/07/spot-ethereum-etfs-9-tickers-to-watch-as-new-funds-start-trading/.
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