ETF issuers are making their final preparations to launch spot Ethereum-based products in the United States next week.

On July 18, ETF Store president Nate Geraci noted that the final S-1s were in from prospective spot ETH ETF issuers. The Form S-1 is the initial registration form for new securities required by the SEC for public companies.

Two months ago, “just about everyone thought these had no chance of approval,” he added before predicting that the launch date could be Tuesday, July 23.

Looks like *Final* S-1s now IN from prospective spot eth ETF issuers…

2mos ago, just about everyone thought these had no chance of approval.

Next step = launch (sounds like Tues)!

— Nate Geraci (@NateGeraci) July 17, 2024

ETH ETFs Gearing Up

On July 18, Bloomberg ETF analyst James Seffart summarized the offerings from the nine spot Ethereum ETFs that are expected to launch for trading next week. The interesting thing to observe is the fee structure, with the heavyweights BlackRock and Fidelity charging just 0.25% in fees for their yet-to-launch funds.

As an initial sweetener, BlackRock is issuing a reduction for the first 12 months or $2.5 billion gathered in assets for its iShares Ethereum Trust (ETHA). Fidelity stated it would waive fees for its FETH fund until the end of the year. Ark 21Shares and Bitwise are asking for 0.21% and 0.2%, respectively.

“Seven of the 10 ETFs launching are coming out with fee waivers, some waiving the fee completely anywhere from six months to 10 months,” said Seyffart, who added:

“This just shows how competitive these issuers expect things to be — and it’s going to be a battle to raise assets.”

Okay everyone. Here are the details for the