Infrastructure · July 23, 2024
Spot ETH ETFs begin trading
Price at event
$65,900
Today
$61,577
Decline
-7%
BlackRock's ETHA, Fidelity's FETH, and seven others. ETH ETF flows initially much weaker than BTC's, eventually picking up in 2025.
⸺ Sources ⸺
- newsCoinDesk: SEC Approves Spot Ethereum ETFs (July 22, 2024) ↗
- newsCoinDesk: Ether ETFs See $107M Inflows on Day One as Trading Volume Tops $1B (July 23, 2024 launch coverage) ↗
- referenceTroutman Pepper Locke: SEC Approves Spot Ether ETFs (legal analysis of SEC declaring nine registration statements effective, trading July 23, 2024) ↗