Golden Finance reports that Nate Geraci, President of The ETF Store, published an article on X day, stating that this week will witness Graycale's landmark event - the official launch of affordable spot Bitcoin and Ethereum ETFs. These two ETFs are named BTC and ETH respectively, aiming to provide investors with more economical and direct ways to invest in cryptocurrencies. Although options trading is not currently included in the plan, this move is expected to provide some protection for GBTC and ETHE. It was previously reported that the US Securities and Exchange Commission (SEC) approved Graycale Bitcoin Micro Trust's 19b-4 form last Friday. According to the S-1 document released in March, the trust code is “BTC”, which will exist as an independent product from GBTC. Graycale stated that the company is still waiting for the registration statement to become effective. Once the registration statement on the S-1 form is approved and becomes effective, BTC will be able to operate as an American spot Bitcoin ETP along with GBTC and others. The Graycale team will soon announce the exact date of the listing of Grayscale Bitcoin Micro Trust on the New York Stock Exchange Arca.