9 Ethereum ETFs Now Available for Trading Post SEC Approval: Where to Purchase Them

The launch of Spot Ethereum ETFs on July 23, following approval from the US Securities and Exchange Commission (SEC), represents a significant milestone for the crypto industry, particularly for ETFSwap (ETFS), which is poised to be the leading platform for investing in these ETFs.

Nine Spot Ethereum ETFs commenced trading on July 23 after receiving approval from the SEC. The previous day, the SEC greenlit the final S-1 applications of the Spot ETH ETF issuers, allowing these funds to start trading. Among the nine ETFs are offerings from BlackRock, Grayscale, VanEck, Bitwise, 21Shares, Franklin Templeton, Fidelity, Invesco, and Galaxy Digital.

Grayscale, in particular, introduced two Spot Ethereum ETFs. The SEC approved Grayscale’s request to convert its Ethereum Trust (ETHE) to a Spot ETH ETF and to offer the Ethereum Mini Trust (ETH). Notably, Grayscale’s Spot Ethereum ETFs feature varying management fees, with ETHE and ETH having fees of 2.5% and 0.15%, respectively.

These nine Spot Ethereum ETFs had to wait an additional two months to begin trading as the SEC had approved the 19b-4 filings in May, allowing them to be listed and traded on exchanges. However, the fund issuers needed the SEC’s approval on their S-1 filings before trading could commence, which was granted on July 22.

ETFSwap (ETFS) is positioned as the premier platform for trading Spot Ethereum ETFs. The decentralized trading platform is gearing up to launch its beta platform, where these ETFs will be tokenized for on-chain trading. ETFSwap is expected to attract Spot ETH ETF investors due to the ease and convenience of investing via decentralized finance (DeFi) compared to centralized platforms.

ETFSwap’s decentralized nature enables investors to access traditional assets without authorization, with non-mandatory Know-Your-Customer (KYC) requirements facilitating instant investments. The platform not only emphasizes accessibility but also offers opportunities for investors to maximize their ETF investments through leverage trading and derivative contracts.

Moreover, ETFSwap provides round-the-clock market coverage for these ETFs, ensuring investors can engage in buying, selling, and trading activities at any time. As a market maker, the platform offers ample liquidity for trades at optimal prices. Built on Ethereum, ETFSwap leverages the network’s unparalleled liquidity.

Distinguishing itself from centralized platforms, ETFSwap grants investors access to a variety of crypto assets and commodities, along with the ability to stake their crypto assets. This feature is beneficial for Spot ETH ETF investors seeking to generate yields from the Ethereum (ETH) ecosystem, given the absence of staking plans for these funds.

With a verified and certified team by Solidproof, investor confidence in ETFSwap (ETFS) has been further bolstered, prompting increased interest in purchasing the platform’s native ETFS token ahead of the beta launch.

In conclusion, ETFSwap (ETFS) emerges as the top choice for trading Spot Ethereum ETFs and is poised to become the preferred platform for other crypto ETFs, such as Spot Solana ETFs, pending SEC approval. It is advisable to acquire the ETFSwap (ETFS) token now at its current price of $0.0183, anticipating heightened demand in the future.

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