Cboe to Launch Trading for Five Spot Ethereum ETFs Starting July 23

The Chicago Board Options Exchange (Cboe) has confirmed that trading for five spot Ethereum exchange-traded funds (ETFs) will commence on July 23. This announcement came in a statement posted on the Cboe’s website, detailing the specific ETFs set to launch. The funds include the 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), Franklin Ethereum ETF (EZET), Invesco Galaxy Ethereum ETF (QETH), and VanEck Ethereum ETF (ETHV). All listings indicate that these products will trade as new issues pending regulatory approval.

This new opportunity arises after the U.S. Securities and Exchange Commission (SEC) granted initial approvals for Ethereum ETFs in May. The move marks a significant shift, given the agency’s previous scrutiny of firms focusing on Ethereum compared to its treatment of Bitcoin. Since then, there has been rising speculation about when trading would begin, and multiple insiders previously hinted that July 23 would likely be the date.

Cboe is optimistic about receiving final approvals ahead of the trading start date, reflecting a growing acceptance of cryptocurrency products in traditional markets. This launch comes shortly after spot Bitcoin ETFs started trading in the U.S. just four months ago, suggesting a broader embrace of digital assets among investors and institutions.