![](https://static34.tgcnt.ru/posts/_0/f8/f81133a19e6580bc49991c7bd855bbac.jpg)
🚀 Spot Ethereum ETFs Expected to Launch on July 2: Bloomberg Analyst
📅 Bloomberg's senior ETF analyst Eric Balchunas has revised his forecast for the launch of spot ethereum exchange-traded funds (ETFs), now predicting a launch date of July 2. This update comes after the U.S. Securities and Exchange Commission (SEC) greenlit 19b-4 filings for eight spot ether ETFs in the previous month.
💼 The SEC's approval process, however, still requires the go-ahead on S-1 registration statements before these ETFs can hit the market. Balchunas shared on social media that the SEC Staff's comments on Friday were "pretty light," suggesting a smooth path forward.
⏰ While Balchunas sees a "decent chance" of the SEC declaring S-1 filings effective next week, he remains cautious, acknowledging that surprises are always possible. Nevertheless, this updated prediction is seen as positive news, as it indicates progress towards the long-awaited launch.
🔍 Notably, Balchunas clarified that this adjustment from his previous over/under date of July 4th is not a significant shift but rather reflects a growing sense that the process may take longer. Once S-1 filings are approved, he notes that ETFs typically go live swiftly, often within a day.
Stay tuned for more updates as we approach this potential milestone for Ethereum investors and enthusiasts alike! 🎉
📅 Bloomberg's senior ETF analyst Eric Balchunas has revised his forecast for the launch of spot ethereum exchange-traded funds (ETFs), now predicting a launch date of July 2. This update comes after the U.S. Securities and Exchange Commission (SEC) greenlit 19b-4 filings for eight spot ether ETFs in the previous month.
💼 The SEC's approval process, however, still requires the go-ahead on S-1 registration statements before these ETFs can hit the market. Balchunas shared on social media that the SEC Staff's comments on Friday were "pretty light," suggesting a smooth path forward.
⏰ While Balchunas sees a "decent chance" of the SEC declaring S-1 filings effective next week, he remains cautious, acknowledging that surprises are always possible. Nevertheless, this updated prediction is seen as positive news, as it indicates progress towards the long-awaited launch.
🔍 Notably, Balchunas clarified that this adjustment from his previous over/under date of July 4th is not a significant shift but rather reflects a growing sense that the process may take longer. Once S-1 filings are approved, he notes that ETFs typically go live swiftly, often within a day.
Stay tuned for more updates as we approach this potential milestone for Ethereum investors and enthusiasts alike! 🎉