Ether ETF Launch Date: July 23rd on the Horizon? Experts Weigh In
- Reports hint at the SEC’s preliminary approval of at least three of the eight ETH ETF applications.
- ETF analysts James Seyffart and Eric Balchunas predict the potential launch of Ether ETFs on July 23.
- BlackRock, VanEck, and Franklin Templeton are more likely to be greenlit by Monday.
The Securities and Exchange Commission (SEC) appears ready to greenlight the first-ever Spot Ether exchange-traded funds (ETFs), a development that could open the floodgates for mainstream cryptocurrency investing. Sources suggest the regulatory body has given the initial nod to at least three of the eight ETF applications currently under review, with a potential launch as early as next week.
Bloomberg’s Senior ETF Analyst, James Seyffart, discussed the potential July 23rd launch of Ether ETFs on X (formerly Twitter).
Seyffart’s statement was a response to a post by fellow Bloomberg ETF analyst, Eric Balchunas, who, referencing ETFStore President Nate Geraci, noted the SEC’s request for final S-1 forms by Wednesday. If the…
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