Spot ETH ETFs are coming 🤗

in H4LAB Research9 months ago

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Source: Bloomberg Intelligence & SEC

There are many spot ETH(Ethereum) ETF(Exchange-Traded Fund)s applications waitng for the approvals by the SEC(Securities Exchange and Commission).

I think the SEC wants to delay approving spot ETH ETFs applications as much as they can. The final deadlines are scheduled May to Aug.

Ethereum is the representative of altcoins. Altcoins have been suffering accumulation. Historically, before every BTC halvings, altcoins' profit ratio is generally limited. It's the time when the patience is need for altcoiners.

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I think we're headed for some some digging of returns this year. I'm a diamond hander which makes me one of such user to benefit from hodling altcoins on the trade smarter platform.

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