ProShares Files for Spot Ethereum ETF on NYSE, SEC Adds Filing on June 10

ProShares, a prominent issuer of exchange-traded funds (ETFs), has filed a proposal to list and trade spot Ethereum (ETH) ETF shares on the New York Stock Exchange (NYSE). This move marks ProShares' entry into the spot ETH ETF race, despite not having launched a spot Bitcoin (BTC) ETF previously. The U.S. Securities and Exchange Commission (SEC) has quickly added the filing to its website on June 10, although it remains uncertain when the $ETH ETF will launch.