In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms
Summary
Applicants, including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise, and Invesco Galaxy, have submitted final documents to launch Ethereum ETFs in the U.S. The SEC may approve these applications by Monday, with trading starting Tuesday. The filings revealed fund structures and management fees, with Grayscale's 2.5% fee standing out. ProShares' fee is yet to be disclosed. Grayscale and ProShares also received 19b-4 form approvals to launch mini Ethereum ETFs. If approved, these products may launch next Tuesday. Grayscale's mini ether ETF may launch before its mini bitcoin ETF.
