SEC Chairman Gary Gensler has announced that the approval process for the ETH SPOT ETF is going smoothly🤑
So far, seven have funds filed updated S-1 forms, including Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock. Everything is moving faster than previously forecasted, and it's likely that the ETH SPOT ETF will start trading at the beginning of July.
Bullish on ETH!🌕🌕
How much ETH does everyone have in their hands? It looks like we might break the all-time high in July.🚀🚀
I've accumulated a decent amount myself, but I'm cautious of a potential sell-off and dump after approval (like with the BTC ETF). To stay safe, I make sure to hold 1-2 Put Options every week to limit the risk of sell-off
