Summary: Ethereum spot ETFs are set to debut on July 23 across major U.S. exchanges, including CBOE and Nasdaq/NYSE Arca. Investors can purchase shares through mainstream brokerage platforms, with fees being the primary consideration. Currently, these ETFs do not offer staking services, but issuers are exploring ways to integrate staking functionality, which may take several months.
Are you ready for the launch of nine Ethereum spot ETFs on July 23? Here’s everything you need to know to start trading.
When Will Ethereum Spot ETFs Be Available?
The Chicago Board Options Exchange (CBOE) confirmed July 23 as the listing date for five ETFs:
- 21Shares Core Ethereum ETF
- Fidelity Ethereum Fund
- Invesco Galaxy Ethereum ETF
- VanEck Ethereum ETF
- Franklin Ethereum ETF
Four additional ETH spot ETFs will trade on Nasdaq or NYSE Arca. While these exchanges haven’t officially announced their launch dates, they are widely expected to also debut on July 23.
Where Can I Buy Ethereum ETF Shares?
The short answer: Nearly any major brokerage platform. Each ETH ETF has regulatory approval to trade on at least one major U.S. exchange (Nasdaq, NYSE Arca, or Cboe BZX).
Retail investors don’t trade directly on these exchanges—instead, they rely on brokerage intermediaries like:
- Fidelity
- E*TRADE
- Robinhood
- Charles Schwab
- TD Ameritrade
Once listed, all major brokerages will facilitate trading.
What Are My Options, and How Do I Choose the Best One?
Nine ETH spot ETFs will soon be available. Structurally, they are nearly identical—each is backed by reputable managers, holds ETH via qualified custodians, and relies on market makers for liquidity. The main differentiator? Fees.
Key ETF Options and Fees
| ETF Sponsor | Ticker | Management Fee | Waiver Period/Discount |
|---|---|---|---|
| Grayscale Ethereum Mini Trust | ETH | 0.15% | Full waiver until AUM hits $2B or six months |
| Franklin Ethereum ETF | EZET | 0.19% | Waived until Jan 2025 or $10B AUM |
| Invesco Galaxy Ethereum ETF | QETH | 0.25% | Temporary fee reduction |
| Grayscale Ethereum Trust | ETHE | 2.5% | No waiver (highest fee) |
Best choice for cost-conscious investors? Grayscale’s ETH (0.15% fee, fully waived initially) or Franklin’s EZET (0.19%, waived until 2025).
Will Ethereum ETFs Offer Staking?
Short answer: No.
Long answer: Maybe, but not soon.
Staking involves depositing ETH into Ethereum’s Beacon Chain to earn rewards (~3.7% APY). However, staked ETH takes days to withdraw, creating liquidity challenges for ETF issuers who must redeem shares promptly.
The SEC rejected staking proposals from issuers like Fidelity and BlackRock due to these concerns. Insiders say issuers are exploring workarounds (e.g., maintaining liquid ETH buffers), but staking functionality is likely months away.
FAQs
Q1: Can I trade ETH ETFs outside the U.S.?
A: Initially, these ETFs are U.S.-listed. International investors may access them via U.S.-based brokers.
Q2: How do ETH ETFs differ from holding ETH directly?
A: ETFs offer regulated exposure without self-custody risks but lack staking rewards and DeFi utility.
Q3: Will ETF demand drive ETH’s price up?
A: Historically, ETF launches increase asset demand, but market conditions also play a role.
👉 For real-time ETH price tracking and analysis
Key Takeaways
- Launch date: July 23 (CBOE, Nasdaq/NYSE Arca).
- Best picks: Low-fee options like Grayscale ETH or Franklin EZET.
- Staking? Not yet—stay tuned for updates.