CBOE to List Multiple Ethereum Spot ETFs, Trading Starts July 23rd

IconCryptoNewsTerminal Staff19 Jul, 2024

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CBOE to List Multiple Ethereum Spot ETFs, Trading Starts July 23rd

The Chicago Options Exchange (CBOE) has announced that it will be listing multiple Ethereum spot exchange-traded funds (ETFs) on its official website. The exchange made the announcement on July 19th, 2023. The CBOE has confirmed that it will be listing the 21Shares CETH, Fidelity FETH, Franklin Templeton EZET, Invesco Galaxy QETH, and VanEck ETHV. Trading for these ETFs is scheduled to begin with new issuances on July 23rd, 2023. This move by the CBOE is a significant development for the cryptocurrency market, as it will provide investors with more options for accessing Ethereum. The spot ETFs will allow investors to gain exposure to the price of Ethereum without having to purchase and store the cryptocurrency themselves. The listing of these Ethereum spot ETFs on the CBOE is likely to increase the visibility and accessibility of Ethereum to a wider range of investors. This could lead to increased demand for Ethereum and potentially drive up its price.

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