CoinGecko has released a report stating that there are currently 27 active Ethereum ETFs worldwide, with total assets totaling $5.7 billion. Of these, there are 20 spot ETFs and 7 futures ETFs.

BlackRock CEO Fink sees the value in launching an Ethereum ETF.

SEC has postponed the decision deadline for the Invesco Galaxy Ethereum ETF to February 6, 2024.

In recent statements, prominent figures in the cryptocurrency space have emphasized Ethereum’s significant potential for capital inflows, driven by its evolving role as a monetary instrument, its environmental friendliness, and the prospect of an Ethereum exchange-traded fund (ETF). While these experts hold differing perspectives, they collectively contribute to a deeper understanding of Ethereum’s current value and prospects.

In the evolving finance landscape, combining traditional investment mechanisms with cryptocurrencies has been a keen interest and innovation topic. At the front of this progression is BlackRock, the global asset management titan renowned for its pivotal influence in financial markets. Making a bold move that underscores its growing interest in digital currencies, BlackRock made headlines with its application for an Ethereum-based exchange-traded fund (ETF), dubbed the iShares Ethereum Trust. This initiative isn’t just a significant leap for BlackRock; it also represents a critical juncture in the broader financial sector’s acceptance and integration of cryptocurrencies. Let’s check out how Blackrock Ethereum ETF plays a pivotal role in the finance industry.

The SEC has postponed its decision on Grayscale's Ethereum ETF offering. The proposed rule change would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust. The SEC cited the need for more time to consider the proposal and the issues raised. The new deadline for a decision is January 25, 2024.

Asset management firm Fidelity, which oversees $4.5 trillion in assets, has submitted a filing to the SEC to seek approval for a spot Ethereum exchange-traded fund (ETF). The proposed Fidelity Ethereum Fund would be listed and traded on the Cboe BZX Exchange, with each share representing a fractional undivided beneficial interest in the Trust's net assets. This move follows BlackRock's recent filing for a spot Ether ETF, the iShares Ethereum Trust, with the SEC on November 16. Further updates on this developing story will be provided as they become available.

Bloomberg analyst James Seyffart stated on X platform that Fidelity has submitted a 19b-4 filing for a spot Ethereum ETF, joining the competition for a spot Ethereum ETF.

According to The Block, the SEC has postponed the filing of HASHDEX's Nasdaq Ethereum spot and futures ETF.

Bloomberg analyst James Seyffart stated on X platform that the submission of Grayscale Ethereum Futures' 19b-4 has been delayed, which is not surprising, as they also separately submitted an application to convert ETHE to ETF.