As of Thursday, Franklin Templeton, BlackRock, Constancy, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex, had all submitted functions for an ether ETF. They already supply spot bitcoin (BTC) ETFs, which had been launched mid-January. Since then, the funds have collected $11 billion price of BTC and helped propel the value of the biggest cryptocurrency by $52,000.
