From CoinTelegraph: 2024-05-21 18:52:19

Five U.S. asset managers are competing for approval of an Ether ETF by the SEC, amending their 19b-4 filings.
The Ether ETF seeks to provide exposure to Ethereum’s native cryptocurrency, Ether, in a regulated investment vehicle.
The Ether ETF would track the price of Ether based on data from reputable crypto exchanges, providing investors with a convenient way to invest in the digital asset.
Approval of an Ether ETF would open up new avenues for institutional and retail investors to gain exposure to Ether without directly owning the cryptocurrency itself.
The growing interest in Ether ETFs reflects the increasing demand for regulated investment products tied to cryptocurrencies like Ethereum in the traditional financial markets.

Read more at Cointelegraph: ‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings