PANews reported on July 18 that according to Cointelegraph, according to the July 17 document, the U.S. Securities and Exchange Commission (SEC) approved two spot Ethereum ETFs - Grayscale Ethereum Mini Trust and ProShares Ethereum ETF - to be listed on the Arca electronic trading platform of the New York Stock Exchange (NYSE). After the relevant 19b-4 form application is approved, the NYSE has the right to promote the trading of these funds. However, before the spot products actually begin to be listed, the issuer must still wait for the final opinions of the ETF's respective S-1 applications.
A Grayscale spokesperson said in a statement: “Grayscale is pleased to announce that the SEC has approved the Grayscale Ethereum Mini Trust’s Form 19b-4. The Grayscale team will continue to engage constructively with the SEC staff as we seek full regulatory approval for the U.S. spot Ethereum ETP.”
