🟢Spot ETH ETFs will begin trading on July 23 - listed on the Cboe exchange

➡️Most likely, the insight from the editor of Bloomberg is confirmed, but there is no official response from the SEC yet.

✔️Important conclusions:

1️⃣ETH is not a security, but a commodity, which means that most of the altcoins that held the Token Sale operate on PoS - they are also commodities and can qualify for the launch of an ETF in the future.

2️⃣ETH ETF and BTC ETF are huge bridges of liquidity from the traditional market to the cryptocurrency market, a global infrastructure of price acceleration and distribution around the world is being built for the future bull cycle, which, for the first time in history, will take place in such conditions, and the impact on the price of traditional investors (ETH , BTC ETF) - we will feel it for the first time after the easing of the monetary policy of central banks and the Federal Reserve, stimulating the economy! Such an influx of liquidity may be comparable to the volumes during the “Covid-19 pandemic”, and will also attract even more attention to the crypto market of large capital.

🟢Apparently, local positivity in the market is associated with this, but, as I said in the post, do not try to trade news locally, invest in spot, at a distance - this “programs” ETH for $10,000-$15,000+, and alts for good race