$ETH Friends, the approval has been NOT COMPLETED! So… market manipulation continues…
While the approval of the 19b-4 forms suggests a willingness by regulators to allow the commercialization of Ethereum ETFs, it does not guarantee final approval of the S-1 forms.
According to James Seyffart, “There is likely to be a delay before we see S-1 approvals and these ETFs begin trading. My estimate is that it will take at least a week, but probably longer. If history is any guide, it could take much longer and be measured in months.” This statement reflects the uncertainty that still hangs over the exact launch timeline of these new financial products.
So… SEC is stalling for time, providing opportunities for plenty of big market manipulation in the meantime…
Take care please with positions!!!
Protect your capital!