🚨 It seems that spot ETH ETFs will start trading on July 23 🥳

in H4LAB Research13 hours ago (edited)

1000018905.jpg

Source: Cointelegraph

Reportedly, to launch spot ETH(Ethereum) ETFs on July 23, the 🇺🇲 SEC(Securities Exchange and Commission) requested ETF issuers to submit their final S-1 filings by July 16.

It's a historical moment like when spot BTC(Bitcoin) ETFs were approved in this January. I'm honored that all of us are witnesses for this moment 🫡

1000018901.jpg

Source: Cointelegraph

SEC sourcess said that BlackRock, Franklin Templeton and Vaneck have received preliminary approval.

Next Tuesday, ETH will likely begin trading on Nasdaq, New York Stock Exchange and Chicago Board Options Exchange as an ETF type.

1000018907.jpg

Source: Apollo

More than $15b have been inflowing into BTC since inception. What if the similar amount inflows into ETH for the following months? You already know the answer.

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