๐ Ethereum ETF Launch Expected by Mid-July: ETF Store President Predicts ๐น
Nate Geraci, President of The ETF Store, has expressed strong anticipation for the launch of a spot Ethereum ETF. Geraci stated he would be "shocked" if the Ethereum ETF doesn't begin trading within the next two weeks, with a likely launch during the week of July 15th.
Despite the significant step towards the ETF's launch with the approval of the 19b-4 form in late May, ETH's price has dropped over 20%. This price drop amid positive developments highlights the complex dynamics of the cryptocurrency market.
The upcoming Ethereum ETF is expected to offer investors a more accessible and regulated way to gain exposure to Ethereum. While the exact launch date remains uncertain, Geraci's comments have fueled anticipation among market watchers.
