🚀ETH spot ETF approval imminent? !

As early as July 2

The market will usher in a frenzy! 🚀

According to Bloomberg ETF analysts, the Ethereum physical ETF may be approved as early as July 2! 📅🔜SEC officials have sent S-1 form comments to issuers, no major issues, and require a reply within a week. It is expected to be announced effective next week and the procedure will be completed this weekend! 🤯

The S-1 form details ETF product information. The SEC has approved 8 Ethereum spot ETFs for 19b-4 forms, and listing only awaits S-1 approval. SEC Chairman Gary Gensler said that it is expected to be approved later this summer. K33 Research predicts that if the Ethereum physical ETF is listed in the United States, it will usher in a net inflow of 3.1 billion to 4.8 billion US dollars in the first five months! 💰📈

Compared with the 10 US Bitcoin physical ETFs, which received an inflow of US$820 million in January this year, the inflow of funds into the Ethereum physical ETF may account for 10%-20% of Bitcoin. Although the market share of Ethereum futures is less than 20% of Bitcoin futures, its impact cannot be underestimated. 📊🔥

The head of financial markets at cryptocurrency security company Fireblocks said that Ethereum physical ETFs will not attract funds like Bitcoin, but the technical focus is still the core of investors' attention. 📉🔍

🎉 **Will July 2 really usher in the ETH ETF era? ! Wait and see! #以太坊ETF通过 #ETF✅ #ETH🔥🔥🔥🔥🔥🔥 #etf以太坊 #以太坊ETF通过

📈 The big guys are paying attention, don't miss this opportunity to get rich!