ETFs
SEC expected to approve Ethereum ETFs
BlackRock and Grayscale are awaiting the July 8 decision.
The US Securities and Exchange Commission (SEC) is expected to approve spot Ethereum ETFs, with major players like BlackRock and Grayscale awaiting the final green light.
The approval of 10 spot Ethereum ETFs, originally scheduled for July 4, has been delayed. The SEC returned Forms S-1 to issuers, requiring revisions to be resubmitted by July 8 due to the holiday.
This delay from the original July 2 date means the ETFs could potentially launch in mid to late July. Market analysts predict that these ETFs could attract monthly inflows of $1 billion. At least one more round of revisions is expected before the ETFs can begin trading.
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