! ! ! Important news ! ! !
! ! ! Important news ! ! !
Eric Balchunas, senior ETF analyst at Bloomberg, predicts that the listing of the spot Ethereum ETF may be realized as early as July 2.
This prediction is based on the precedent that VanEck's Bitcoin ETF was quickly launched only seven days after submitting the 8-A form.
This undoubtedly injected optimistic expectations into the market performance on July 2.
However, Gary Gensler, chairman of the U.S. Securities and Exchange Commission, is more cautious.
He said that the listing time of the Ethereum ETF may be postponed to September, and the specific date depends on the applicant's response speed.
This news comes just as the 2024 presidential election is approaching, and political attention to cryptocurrencies has also increased, as cryptocurrencies have become a hot topic among voters.
According to the "Pro-Crypto" Political Action Committee, about 52 million voters in the United States hold cryptocurrencies, which makes their influence on the political stage increasingly stronger.
Overall, VanEck's application for a spot Ethereum ETF and these political developments indicate that cryptocurrencies are gradually gaining recognition in mainstream financial services. This not only demonstrates the increasingly solid position of digital currencies in the investment field, but may also attract more investors to enter this market full of potential!
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