Galaxy Digital’s head of asset management, Steve Kurz, is confident that Ethereum ETFs will be approved within the month.“Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged,” said Steve Kurz in an“We’ve been doing this for months now, we did it with the Bitcoin ETF, the products are substantially similar — we know the plumbing, we know the process.”
On June 28, Bloomberg ETF analyst Eric Balchunas pushed back his early July estimate for ETF approvals after the SEC took “extra time” to get back to applicants about their S-1 paperwork.two people familiar with the matter, added fuel to this theory, stating Ether ETF applicants have been given until July 8 to submit updated paperwork to address some minor issues.
K33 analysts Vetle Lunde and David Zimmerman expect ETH “to stumble immediately following the launch of the ETFs” but noted — much like what happened with Bitcoin — inflows to the funds would likely bolster ETH’s price.3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in
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