🚀 Ethereum ETFs are set to follow in Bitcoin's footsteps, folks! 🎉 The SEC has given the green light to eight spot ETH ETFs, though the launch date remains a mystery.
• BTC ETFs caused a market rollercoaster but ultimately led to a price surge 📈
• ETH ETFs are approved but launch date is unknown due to some S-1 filing irregularities 📝
Bloomberg's ETF expert, Eric Balchunas, suggests we might see these ETFs by July 2nd. Remember, BTC's price went wild after its ETFs launched, attracting billions 💰
ETH has already seen impressive gains, but expect some fluctuations once the ETFs go live. What are your predictions for the ETH price post-ETF launch? Share your thoughts below! 👇 #DeFi #Ethereum #ETFs