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Bloomberg ETF Analyst Updates Ethereum Spot ETFs Listing Day Prediction
Bloomberg ETF Analyst Updates Ethereum Spot ETFs Listing Day Prediction
Author:
Mete Demiralp
03.07.2024 – 19:16
Update:
10 hours ago
0
Renowned ETF analyst James Seyffart from Bloomberg has shared his updated prediction for the listing day of Ethereum spot ETFs.
In his statement, Seyffart revealed:
Bitwise has submitted another revised S-1 for Ethereum ETFs, and we anticipate similar actions from other issuers in the coming week. Based on this, we believe there is a possibility that these ETFs could be listed next week or the following week, possibly around the 15th.
Previously, Bloomberg analysts had suggested that July 4th was a likely date for ETF approval. However, with the latest filings and updates, the anticipated date has been pushed back.
Meanwhile, SEC Chairman Gary Gensler made an interesting statement recently, indicating that the approval process for Ethereum Spot ETFs is progressing smoothly.
The SEC has already approved ETH spot ETFs, and the listing process is the final step.
*This is not investment advice.
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