Eric Balchunas Sees ‘A Legit Possibility’ Of ETF Launch By June
👉 #BlackRock has filed an amended S-1 form for its proposed spot #Ethereum ($ETH ) ETF, revealing more information about the product recently approved for listing in the U.S.
🤑 The form also discloses that a ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing at a per-share price of $25.00.
🤔 Bloomberg ETF Analyst Eric Balchunas called the updated S-1 ‘a good sign’ and considers the #ETH ETF launch by the end of June as possible.