Ethereum ETF is about to be approved by the US Securities and Exchange Commission (SEC), and this is very popular now. In the past year, ETFs have been very popular in cryptocurrencies, especially Bitcoin, and now this trend has also spread to Ethereum. Everyone is waiting for the spot Ethereum ETF to be listed.
The current situation is that the company issuing the Ethereum ETF has prepared the documents and is waiting for the SEC to nod. I heard that they are very confident that there will be good news soon, and trading may start next week. However, these internal matters of the company are confidential, so we only know a rough idea.
Many people say that once the Ethereum ETF is listed, a lot of money will definitely flow in, maybe tens of billions of dollars, and the price of Ethereum will definitely rise again. Because there is not much Ethereum in the exchange now, but there are many people who want it, so the price is easily pushed up.
When the spot Ethereum ETF is really listed, there will be more funds to buy cryptocurrencies, and everyone will have more choices. Now someone is selling Bitcoin ETF, and it is selling well, with more than 50 billion US dollars. Everyone guesses that after the Ethereum ETF is listed, it may attract more than 10 billion US dollars.
In addition, not only Ethereum, but also cryptocurrencies such as Solana are applying for ETFs. It seems that this market will become more and more lively in the future. However, because Ethereum has good technology and many people use it, its ETF should be more popular.
