Ethereum spot ETFs
Back in January the US Securities and Exchange Commission (SEC) approved Bitcoin ETFs listed on US exchanges tracking the spot price for Bitcoin. We have the full list of Bitcoin ETFs here.
Now in late July they approved spot Ethereum ETFs and eight are already trading.
Ethereum has the second largest crypto coin market cap, after Bitcoin, and recently moved to proof of stake. This is in contrast to the high energy usage of Bitcoins proof of work. The Ethereum blockchain doesn’t only hold Ether coins, it’s also has decentralised apps and non-fungible tokens (NFTs).
The eight new Ethereum spot ETFs are detailed below. Note the TERs are in many cases an introductory rate and may move higher in time.
| ETF Name and code | TER |
| Grayscale Ethereum Mini Trust (ETH) | 0.15% |
| Franklin Ethereum Trust (EZET) | 0.19% |
| VanEck Ethereum Trust (ETHV) | 0.20% |
| Bitwise Ethereum ETF (ETHW) | 0.20% |
| 21Shares Core Ethereum ETF (CETH) | 0.21% |
| Fidelity Ethereum Fund (FETH) | 0.25% |
| iShares Ethereum Trust (ETHA) | 0.25% |
| Invesco Galaxy Ethereum ETF (QETH) | 0.25% |
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
