đ Crypto hot news: Spot Ether ETF coming soon!
- The first Ether spot ETF can be traded from July 23, paving the way for many other crypto ETF products like Solana.
- According to Eric Balchunas, ETF expert from Bloomberg, "The dam has broken", predicting more products based on ETH and SOL.
- The SEC has instructed asset managers to submit final S-1 filings by July 16, including the new fund's fees.
- Ether price may increase following the launch of the ETF, which has reversed from a local bottom above $2,800 on July 8.
- Balchunas predicts a multi-crypto ETF is "100%" feasible, able to attract up to $10 billion from investors.
What do you think about the future of crypto ETFs? Comment! đŹ#Crypto#ETF#Blockchain#ETH #SOL