๐ Ethereum $ETF Launch Progress: A Game Changer for Crypto! ๐
Big News! On July 2, 2024, BlackRock made a significant move by submitting an amended S-1 registration statement. ๐ The buzz is real as seed fund investors have already snapped up 400,000 shares of the seed creation basket at $25 per share! ๐ค These shares will soon be trading under the code "ETHA." ๐
The SEC is now in talks with BlackRock, and the approval process is in full swing. This dialogue is expected to last several weeks, but the anticipation is building! โณ
**Key Highlights:**
- BlackRock's Strategic Move:Amended S-1 registration statement submitted.
- Massive Investment: 400,000 shares of the seed creation basket purchased by seed fund investors.
- Trading Code: Shares to be listed as "ETHA."
- SEC in Dialogue: Approval process expected to last several weeks.
Whatโs your take? Will we see a massive rally before the big drop, or will ETH surge post-approval? ๐๐ฅ
Stay tuned to #CryptoPCEWatch and get ready for potential mega moves in the market! ๐๐