#BinanceTournament #BTCFOMCWatch #ETHETFsApproved
Bloomberg Expert Forecasts Launch of Ethereum ETF in US for July 2nd
A Bloomberg exchange-traded fund (ETF) expert says that spot market Ethereum (ETH) ETFs can be expected in the US by early July.
In a new thread on the social media platform X, senior ETF analyst Eric Balchunas says ETH-based ETFs may be approved by July 2nd after it was found out that the U.S. Securities and Exchange Commission (SEC) responded to S-1 filings by several marquee financial firms.
According to Balchunas, the regulatory agency sending back the forms for modifications implies that approval is right around the corner.
