When Will Spot Ethereum (ETH) ETFs Be Open for Trading?
Spot ETH ETFs will be available for trading from July 15 to 19.
Ethereum (ETH), the leading altcoin of the cryptocurrency industry, has decreased by more than 30% in the last 1.5 month period. ETH, which has still failed to compensate for these sharp declines, seems to continue to go through difficult times.
Many crypto investors are now waiting for the SEC to approve spot Ethereum ETF S-1 applications and for ETH ETFs to open for trading.
China-based crypto newspaper Wu Blockchain shared ETF expert Nate Geraci's latest comments on this subject with the following words:
Nate Geraci, president of The ETF Store, said he would be shocked if the spot Ethereum ETF wasn't listed and traded within the next two weeks.
Spot Ethereum ETF could launch late next week, but that is more likely to be the week of July 15.
ETH prices have fallen more than 20% since the unexpected approval of form 19b-4 in late May.”
ETF expert Nate Geraci said that as of next week, issuers other than Bitwise will make updates to their ETH ETF files.
Stating that the issuers would not want the spot ETH ETF launch to be held on July 12, as it is the last day of the week, Geraci emphasized that the dates between 15 and 19 July are the most suitable interval for the ETH ETF launch.
