The launch of Ethereum ETFs is nearing completion, which means the market is about to usher in a new investment option. The issuer recently submitted a new batch of amendments, which also indicates that the SEC's review of these S-1 documents is close to completion.
Although the market's expectations for Ethereum ETFs are growing day by day, after the SEC approves the registration statement, it still needs to go through some necessary steps before it can officially start trading. First, the issuer needs to submit a listing application to the exchange, and the exchange will confirm whether the ETF meets the listing requirements. After that, the market maker will determine the price of the ETF shares based on the value of the underlying assets, which will eventually enable the ETF to be listed and traded.
According to Nate Geraci, president of ETF Store, the S-1 document is expected to be approved within two weeks. However, the SEC has not set a specific deadline for approving the S-1 document, so the final approval time is still uncertain.
This development fully reflects the market's eager anticipation for Ethereum ETFs, and it is expected that billions of dollars will flow into the market and may also drive up the price of ETH. The launch of Ethereum ETFs not only provides investors with a new investment channel, but also lays the foundation for the further development and widespread acceptance of the cryptocurrency market. #BTC☀ #ETH🔥🔥🔥🔥 #etf以太坊 #美联储何时降息?