Get Ready for the Launch of Ethereum ETFs in the USA
If you are eagerly awaiting the launch of spot Ethereum ETFs in the USA, get ready because Bloomberg’s analyst, Eric Balchunas, has updated the launch date to July 2. Here’s what you need to know:
– Eric Balchunas forecasts a new launch date for spot Ethereum ETFs in the USA on July 2
– This is earlier than the previously anticipated date of July 4
– The updated forecast is based on comments from the staff of the United States Securities and Exchange Commission (SEC)
– Issuers of Ethereum spot ETFs are awaiting responses on their S-1s from the SEC staff, with a good chance of implementation next week
Update on Ethereum ETF Launch Date
The launch of spot Ethereum ETFs is eagerly anticipated, with Bloomberg’s analyst, Eric Balchunas, providing insight into the launch date change to July 2:
– Balchunas had previously indicated a later launch date, but recent developments have moved up the timeline
– Issuers of spot Ethereum ETFs are waiting for responses on their S-1s from the SEC staff
– The SEC is expected to work on approvals for implementation as early as next week
Insights on SEC Chairman and Crypto
Mark Cuban, the prominent billionaire investor, shares his thoughts on SEC Chairman Gary Gensler’s actions and their impact on the crypto sector:
– Cuban believes Gensler’s actions may affect Joe Biden’s election chances due to his stance on crypto
– Gensler’s anti-crypto actions could potentially sway young crypto holder voters to other candidates
– In contrast, Donald Trump has shown support for the crypto sector as part of his election campaign
Hot Take: Stay Tuned for the Ethereum ETF Launch
Get ready for the exciting launch of spot Ethereum ETFs in the USA on July 2. Keep an eye out for further updates and developments as the crypto world eagerly anticipates this event!
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