Bloomberg ETF Analyst: The probability of spot Ethereum ETF approval will be around July 4th
Media reports, after BlackRock submitted the revised S-1 document for its spot Ethereum ETF, Bloomberg ETF analyst Eric Balchunas said it's a good sign. We may soon see the rest of the updates. In addition, the SEC may conduct another round of "fine-tuning" reviews, but launching by the end of June is a possibility. However, Balchunas believes that approval chances will be around July 4th and early approval is unlikely. Bloomberg ETF analyst James Seyffart stated that BlackRock's updated S-1 document is almost certainly what we expected because it shows that issuers and SEC are working hard to launch a spot Ethereum ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto: The Fear Index Drops to 10, But Analysts See a Reversal

Uniswap Labs Faces Pushback as Aave Founder Highlights DAO Centralization Concerns

Ethereum Interop Roadmap: How to Unlock the “Last Mile” for Mass Adoption
From cross-chain to "interoperability," many of Ethereum's fundamental infrastructures are accelerating towards system integration for large-scale adoption.

A $170 million buyback and AI features still fail to hide the decline; Pump.fun is trapped in the Meme cycle
Facing a complex market environment and internal challenges, can this Meme flagship really make a comeback?
