- Designate a new effective date for a post-effective amendment previously filed pursuant to Rule 485(a) (485BXT)

As filed with the Securities and Exchange Commission on March 13, 2009.

No. 333-144856

No. 811-22103

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

	FORM N-1A

	REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933		o

	Pre-Effective Amendment No.		o
	Post-Effective Amendment No. 46		x and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940

Amendment No. 47

(Check appropriate box or boxes)

SPA ETF TRUST

(Exact Name of Registrant as Specified in Charter)

Tower 49

12 East 49th Street

New York, New York 10017

(Address of Principal Executive Office)

Registrant’s Telephone Number, including Area Code: 1-800-772-3831

Antony Peter Drain

SPA ETF, Inc.

Tower 49

12 East 49th Street

New York, New York 10017

(Name and Address of Agent for Service)

With a copy to:

Stuart M. Strauss

Clifford Chance US LLP

31 West 52nd Street

New York, NY 10019

APPROXIMATE DATE OF PROPOSED PUBLIC OFFERING:

It is proposed that this filing will become effective (check appropriate box)

o immediately upon filing pursuant to paragraph (b) of Rule 485.

x on April 10, 2009 pursuant to paragraph (b) of Rule 485.

o 60 days after filing pursuant to paragraph (a)(1) of Rule 485.

o on [date] pursuant to paragraph (a) of Rule 485.

o 75 days after filing pursuant to paragraph (a)(2) of Rule 485.

o on [date] pursuant to paragraph (a) of Rule 485.

The sole purpose of this filing is to delay the effectiveness of the Trust’s Post-Effective Amendment No. 5 to its Registration Statement until April 10, 2009 . Parts A, B and C of Registrant’s Post-Effective Amendment No. 5 under the Securities Act of 1933 and No. 7 under the Investment Company Act of 1940, filed on March 7, 2008, are incorporated by reference herein.

SIGNATURES

Pursuant to the requirements of the Securities Act and the Investment Company Act, the Fund has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of New York and State of New York, on the 13th day of March, 2009.

	SPA ETF TRUST


	By:	/s/ Antony Peter Drain
		Title: Antony Peter Drain, President

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities indicated on the dates indicated.

SIGNATURE		TITLE	DATE


/s/ Joseph Stefanelli*		Trustee	March 13, 2009
Joseph Stefanelli


/s/ Robert Tull*		Trustee	March 13, 2009
Robert Tull


/s/ Antony Peter Drain		Trustee and President	March 13, 2009
Antony Peter Drain


/s/ Christopher Lanza*		Chief Financial Officer and	March 13, 2009
Christopher Lanza		Treasurer

*By:	/s/ Antony Peter Drain
	Antony Peter Drain
	Attorney-in-Fact