🚀 Ethereum $ETF Launch Progress: A Game Changer for Crypto! 🚀
Big News! On July 2, 2024, BlackRock made a significant move by submitting an amended S-1 registration statement. 📄 The buzz is real as seed fund investors have already snapped up 400,000 shares of the seed creation basket at $25 per share! 🤑 These shares will soon be trading under the code "ETHA." 📈
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! ⏳
**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.
What’s your take? Will we see a massive rally before the big drop, or will ETH surge post-approval? 📈💥
Stay tuned to #CryptoPCEWatch and get ready for potential mega moves in the market! 🚀🔍