🚀 Get ready, folks! Bloomberg ETF analyst Eric Balchunas hints at a possible spot Ethereum ETF launch on July 18. 📅
📝 The SEC's recent S-1 amendments have sparked a flurry of updated registration statements from asset managers. VanEck, 21Shares, and Grayscale are among those making minor changes to their filings.
🔍 Balchunas says there's "nothing to see here" in the earliest filings, but he's keeping an eye out for the final round of updates, including fee details. After that, "it's go time."
💰 Grayscale's "mini" Ethereum ETF filing clarifies that no Ethereum in the product will be staked. It seems none of the applications before the SEC include plans for Ethereum staking.
🤔 What are your thoughts on these developments? Let's chat in the comments! #DeFi #Ethereum #ETFs