🔴 Should we expect a drop of $ETH after adopting Ethereum ETF? The question remains open 🧐

Bloomberg has confirmed the prediction that the spot Ethereum ETF will be approved on July 2

Bloomberg analyst Eric Balchunas reported that VanEck has filed a Form 8-A for a spot Ethereum ETF.

He noted that the Form 8-A was filed just 7 days before the launch of the spot bitcoin ETF.

Balchunas expects the Ethereum ETF to launch on July 2.

Will there be a fall?