According to TechFlow, QCP Capital stated in a statement that yesterday the SEC approved the Form 19b-4 of eight ETH spot ETF issuers, including Blackrock and Fidelity, but trading can only begin after the S-1 form is approved.
The market had expected big moves this week, with options volume as high as 185 vols, but price action was disappointing, with front-end volatility falling below 60.
Although it is only a matter of time before ETH spot ETF trading is available, it may take some time. Investor demand for long-term ETH call options continues to increase. It is recommended to use this window period to accumulate ETH spot before the ETF goes online. The high volatility back end makes accumulators the best strategy.
