Bloomberg Analyst Predicts Approval Date for Vital S-1 for Ethereum Spot ETFs
According to Bloomberg analyst Eric Balchunas, the approval date for the Ethereum Spot ETF S-1 is projected to be July 2. In a recent statement, Balchunas revealed the following information:
“We have revised our deadline for the launch of the Spot Ether ETF to July 2nd. The SEC staff has reportedly provided comments to issuers on S-1s today, which appear to be routine feedback. They have requested responses within a week. There is a good chance that the approval will be announced next week and implemented during the holiday period. While anything is possible, our current estimate is July 2nd.”
Although this adjustment from July 4th is not a significant change, it is a positive development as the process was expected to take longer. We are halfway through our prediction, and July 2nd seems to be the target date.”
Please note that this information should not be considered as investment advice.
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Donald
9 hours ago
I believe it’s a fake news
Last edited 9 hours ago by Donald
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