Ethereum ETF approved

The SEC approved several Ethereum spot ETFs today in Form 19b-4, including those from BlackRock, Fidelity, and Grayscale.

Although the form has been approved, ETF issuers need to make the S-1/S-3 registration statement effective before they can start trading. However, if 19b-4 is approved, it will be a certain time, so everyone has been excited for a long time. This is a historic moment.

The SEC's attitude has changed 180 degrees, and no one expected it to be so fast. If it is not political reasons, I can't think of any other reasons that led to such a fast approval. Next is the trading time of spot ETFs. The Galaxy Digital report (published before approval) predicts that the Ethereum spot ETF may be listed and traded on the exchange in July or August.

You will not be able to imagine the market in the later period!