That's the question many of users have been wondering. I will give 3 answers to this:
1. So has the Ethereum ETF been approved yet?
YES, that's the form 19b-4
2. When to start trading?
NOT YET, Companies are working with the SEC on their product details (S-1 filing), which could take 2 weeks or more. That's make the price of ETH to be healthily corrected, as there is not anything to expect left. Market works by expectation, and when expectation is to be met, the price would not go up, it actually go down because of "selling the news" pressure.
3. Is it possible that the S-1 application will not be approved? There is no reason to pass 19b-4 without passing S-1, it's just a matter of time.
CONCLUSION: Official date of trading ETH ETF will be likely 6/6/2024. So till that time, grab some drinks, since the market would flactuate greatly. BUY AND HODL IN SPOT, DO NOT FUTURES
#ETHETFsApproved #buythedip #Write&Earn #HODLforBigGains #DiamondHands