SEC approved the first ETFs on Ethereum: a new era for the crypto market
New York, July 7, 2025 — The U.S. Securities and Exchange Commission (SEC) has officially approved the first exchange-traded funds (ETFs) based on spot Ethereum. This decision marks an important milestone in the acceptance of cryptocurrencies in traditional financial circles.
Several major management companies, including BlackRock, Fidelity, and Grayscale, have received the green light to launch Ethereum ETFs, which will be traded on the New York Stock Exchange within the coming weeks.
