Spot Ethereum ETF is expected to begin trading within two weeks.
The industry is awaiting S-1 approval after the regulator's final feedback.
Nate Geraci expects final SEC approval in mid-July.
Spot Ethereum ETF Trading Expected to Start in Mid-July
ETFStore President Nate Geraci predicts that the Spot Ethereum ETF will begin trading within the next two weeks, around July 15. The industry is awaiting final approval from the U.S. Securities and Exchange Commission (SEC), and Geraci predicts that approval will come soon.
Regulatory Process and Industry Response
Two weeks ago, the SEC returned S-1 filings from several potential issuers, including BlackRock, Fidelity, and Grayscale, with minimal feedback. These companies plan to resubmit corrected applications by July 8, indicating a streamlined path towards final approval. Geraci noted that the SEC's feedback was relatively mild and reflected a positive regulatory outlook.
Market Expectations and Potential Impacts
Final approval from the SEC is expected by July 12, and Spot Ethereum ETF trading could begin as early as July 15. Geraci's optimistic forecast is based on current communications and revisions between the SEC and ETF issuers. If this timeline holds, it will be a major turning point for Ethereum in the financial markets, potentially attracting more investors and increasing market liquidity.
Conclusion
If the SEC approves the amended filings, Spot Ethereum ETFs could begin trading in mid-July, marking a critical development in the cryptocurrency investment landscape. Investors are following these regulatory processes closely and are eagerly awaiting future opportunities and broader market impacts.
📈📉 #Ethereum✅ #etf $ETH