The U.S. Securities and Exchange Commission (SEC) is expected to approve spot Ethereum ETFs, with major players like BlackRock and Grayscale awaiting the final green light. Initially anticipated to launch by July 4, the approval of 10 spot Ethereum ETFs has been delayed. The SEC has returned S-1 forms to the issuers, requiring revisions to be resubmitted by July 8 due to holidays. This delay from the initial July 2 date means that the ETFs could potentially launch in mid-to-late July. Market analysts predict these ETFs could attract monthly inflows of $1 billion. At least one more round of revisions is expected before the ETFs can start trading.
Some addn’l detail on spot eth ETF approval timeline… Issuers have been asked to submit S-1 amendments by July 8th. There would still be one more round of filings after that before ETFs can start trading. “Never ceases to be a winding path.” via @Timccopeland https://t.co/b0Gd7Wbz4A
The launch of the Ether ETF has been delayed by comments from the SEC on S-1 forms. Revisions must be made by July 8, pushing the potential launch to mid-to-late July. #crypto #ETF #SEC #Ether
[THE BLOCK] SEC returns S-1 forms to #Ethereum ETF issuers, with at least one more round to go: Source $ETH
According to The Block, citing people familiar with the matter, the #US #SEC has returned the S-1 form to potential #Ethereum spot #ETF issuers with only a few comments. The issuer has been asked to process these comments and resubmit by July 8. This means that at least one more…
According to The Block, citing people familiar with the matter, the U.S. SEC has returned the S-1 form to potential Ethereum spot ETF issuers with only a few comments. The issuer has been asked to process these comments and resubmit by July 8. This means that at least one more…
🚨 BREAKING: SEC Sends Back S-1 Forms to Ethereum ETF Issuers 🚨 The SEC has returned S-1 forms to Ethereum ETF issuers, signaling that at least one more round of revisions is needed.
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source https://t.co/H2YCVzzUtr
Eth etf update: S-1 approvals pushed back to July 8 from July 2☝️
JUST IN: SPOT $ETH ETF S-1 FORMS APPROVAL PUSHED BACK AFTER JULY 8 DUE TO HOLIDAYS
Ethereum ETFs are set to launch in July 2024 after the SEC approves 10 spot ETFs. Market analysts anticipate monthly inflows of $1 billion.
UPDATE: SEC expected to approve spot Ethereum ETFs by July 4! Major players like BlackRock and Grayscale await the final green light. Don’t miss out on the crucial details…↓ #Ethereum #SEC (By: @ComposableD) https://t.co/vxXglhmkJn