%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment According to multiple media reports, the first spot %Ethereum (CRYPTO: $ETH ) exchange-traded funds (ETFs) could begin trading in the U.S. on July 23. Bloomberg News and CoinDesk are reporting that the U.S. Securities and Exchanges Commission (SEC) has told fund and asset managers that their spot Ethereum ETFs can be listed and start trading on American exchanges within a week. The Ethereum ETFs have been cleared to start trading by the Wall Street regulator after several fund managers submitted amended S-1 documents that provide information and detailsabout their planned Ethereum ETFs, including the management fees they will charge. Several asset managers, including VanEck, %Invesco (NYSE: $IVZ ), %BlackRock (NYSE: $BLK ) and Ark Invest are expected to launch spot Ethereum ETFs in coming weeks. The Ethereum ETFs come after spot Bitcoin ETFs began trading in the U.S. in January of this year. Analysts at %Citigroup (NYSE: $C ) have forecast that the new crop of spot Ethereum ETFs could attract up to $5.4 billion U.S. of net inflows in their first six months. Analysts at Steno Research are forecasting inflows of up to $20 billion U.S. for the Ethereum ETFs in their first year on the market. The price of Ethereum, the second largest %Cryptocurrency by market capitalization, has risen 44% year-to-date and is currently trading at $3,400 U.S. per digital token.