Breaking News: Ethereum ETF Approval on the Horizon
- Approval of Ethereum ETF funds seems imminent.
- SEC Chairman Gensler may acknowledge last year's delay in approving the Bitcoin ETF as a mistake.
- Despite viewing Ethereum as a security, Gensler is likely to yield to market pressure and approve the ETF.
- The upcoming US elections could drive the decision, with Trump using cryptocurrencies as a campaign topic.
- Possible release dates align with major fund applications.
**Key Dates for Application Consideration:**
- **May 23:** VanEck
- **May 24:** Ark Invest/21Shares
- **May 30:** Hashdex
- **June 11:** Franklin Templeton
- **June 18:** Grayscale
- **July 5:** Invesco/Galaxy Digital
- **August 2:** Fidelity
- **August 7:** BlackRock
- **December:** Bitwise
*Note: This is not financial advice. Please conduct your own research (DYOR).*