The US Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight ETH Spot ETF issuers: BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton.
However, ETF issuers must still obtain approval of their S-1 registration statements before they can begin trading. It has not been determined how long this procedure will take yet, but Bloomberg analyst James Seyffart expects it to take several weeks.
Currently, ETF issuer VanEck has filed an amended S-1 Application Form for an Ethereum Spot ETF.
Note: It will take some time to affect the price of the $ETH coin in the markets. From my point of view, any correction in Ethereum at the present time is an opportunity to buy.
At the same time, with the ongoing launch of the Binance platform for projects #BinanceLaunchPoolđ„ and projects #Megadrop , it makes there a great opportunity to invest in the currency $BNB , and any correction in the price is a renewed opportunity to buy, work out an average cost, and benefit from holding the currency to earn coins for free.
#Write&Earn
