Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report

The US Securities and Exchange Commission might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages.

The approval is expected to be “probably not more than a week or two away,” according to another lawyer.earlier this month in which he suggested that the spot Ethereum ETF could be approved before the July 4th US holiday, potentially by July 2nd. Last month, the regulatory watchdog approved the 19b-4 forms. Currently, the SEC and the issuers are working on S-1 filings, which must be approved before these products can start trading., spot Ethereum ETFs are expected to attract over $15 billion in net inflows within their first 18 months in the US market.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JPMorgan warns of 'negative' initial market reaction to spot Ethereum ETFs'The initial market reaction to the launch of spot ethereum ETFs is likely to be negative,' wrote a team of JPMorgan analysts.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Spot Ethereum ETFs could absorb over 1 million ETH in first 5 months: K33Spot Ethereum ETFs in the U.S. could attract $4 billion worth of net inflows in their first five months of trading, according to K33 Research.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Here’s How Much Institutions Can Pour in Spot Ethereum ETFs Initially (Report)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Hong Kong may allow staking for spot Ethereum ETFs as soon as this year: Animoca cofounderETF issuers and custodians in Hong Kong are exploring the possibility of staking rewards, industry insiders told The Block.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predictsEthereum spot ETFs could capture as much as 20% of the flows currently directed towards bitcoin ETFs, an analyst said.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Ethereum could fall 30% after spot ETH ETFs launch — Crypto VCEther could tumble 30% to $2,400 shortly after the spot Ether ETF issuers are given the greenlight to launch, says Mechanism Capital’s Andrew Kang.
Source: Cointelegraph - 🏆 562. / 51 Read more »