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Home » Renowned ETF Analyst Reveals SECs Planned Date for Announcement on Ethereum ETF Decision
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Renowned ETF Analyst Reveals SECs Planned Date for Announcement on Ethereum ETF Decision

By admin7 月. 8, 2024没有评论1 Min Read
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Renowned ETF Analyst Reveals SECs Planned Date for Announcement on Ethereum ETF Decision
Renowned ETF Analyst Reveals SECs Planned Date for Announcement on Ethereum ETF Decision
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Renowned ETF analyst, Nate Geraci, has shared his prediction for when the Securities and Exchange Commission (SEC) will announce the launch of a spot Ethereum exchange-traded fund (ETF). Geraci believes that it is highly likely the SEC will complete the necessary processes for the trading of spot Ethereum ETFs this week, with a potential launch date of July 15 or the week of July 15. He stated that he would be surprised if the Ethereum ETF did not start trading within the next two weeks. Geraci also pointed out that issuer companies are required to submit their revised S-1 applications on July 8, and the final S-1 approval date may come on July 12. Based on these dates, Geraci suggested that July 15 is the most probable day for spot Ethereum ETFs to begin trading. However, the exact launch date for the ETF remains uncertain.

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