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