The wait for a green light on Ethereum ETFs might be nearing its end. Major issuers like BlackRock and VanEck have filed amendments to their registration statements, shedding light on key details like fees and seed investments.

VanEck's 0.20% expense ratio follows Franklin Templeton's competitive 0.19% fee, hinting at a battle to offer the most attractive rates for investors. These filings also disclose seed capital invested by the sponsors to kickstart the ETFs. 21Shares US LLC and Franklin Templeton injected $340,739 and $100,000 respectively into their respective funds.

With fees becoming transparent and seed funding secured, the progress suggests a potential SEC approval on the horizon, bringing Ethereum ETFs a step closer to reality.