As the second-largest digital asset by market capitalization, Ethereum received approval from the U.S. Securities and Exchange Commission (SEC) to issue an ETF in May, and it was officially listed on trading platforms such as the New York Stock Exchange in July.
Since July 23, nine Ethereum ETFs have been listed for trading, including Grayscale’s ETHE and BlackRock’s ETHA.
This report aims to help investors gain a clearer understanding of Ethereum spot ETFs, and it is divided into three parts:
The first part reviews the development of Bitcoin ETFs, explains in detail the similarities and differences between Ethereum and Bitcoin assets, and analyzes the return potential of Ethereum as an underlying asset.
The second part reviews the various developments of Ethereum ETFs, from the issuance of futures ETFs to Grayscale’s successful appeal, which paved the way for the issuance of crypto asset ETFs.
The third part introduces the market landscape of Ethereum ETFs and provides a detailed overview of the fees and characteristics of different ETFs.
