Bitwise CEO Hints at Upcoming Spot Ethereum ETF Launch Ahead of July 4th
Bitwise CEO Hunter Horsley hinted at an important announcement that could shake up the crypto market.
Experts discuss possible S-1 filings for spot Ethereum ETF.
Market observers expect these developments to increase ETH prices.
Bitwise's Upcoming Announcement Fuels Ethereum ETF Speculation
Possible S-1 Filing for Spot Ethereum ETF
Bitwise CEO Hunter Horsley took to X (formerly Twitter) on June 20 and said, “Check out Bitwise Invest tomorrow. Something good is coming.” He shared a mysterious message saying: Although Horsley did not disclose specific details, market experts think this is related to the spot Ethereum ETF application.
Opinions from Industry Experts
ETF Store President Nate Geraci noted the filing of S-1 amendments for many spot Ethereum ETFs on Thursday and Friday. Geraci said there was little reason for the US SEC to delay further action, especially since the latest filings alleviated previous concerns. He said it's only a matter of time before a spot Ethereum ETF launches, with SEC Chairman Gary Gensler pointing to approvals by late summer.
