🚀 Big news! Spot Ethereum ETF is coming?
📈 Steve Kurz, head of asset management at Galaxy Digital:
Expectations: The U.S. Securities and Exchange Commission (SEC) may approve a spot Ethereum ETF by the end of July. Time: Approval is expected to be obtained within a month, not a few days, in a few weeks.
🔗 Partnership:
Galaxy Digital and the SEC: have been working together for months to launch a spot Ethereum ETF. Existing products: The ETF will be similar to Galaxy's existing spot Bitcoin ETF (BTCO). Partners: Galaxy partnered with investment management company Invesco to create these two funds.
🌐 Market impact:
This may be the beginning of more cryptocurrency ETFs being approved, and the market outlook is optimistic!
Stay tuned for new investment opportunities!
