Ethereum ETF approval is imminent! Our misunderstanding

First of all, we need to know that tomorrow is the day for the approval of Ethereum ETF 19b-4. If this approval is passed, it does not mean that ETH ETF can be traded on the exchange. The issuer must obtain approval for its S-1 application before the product can be traded. So many people may have misunderstandings about this.

But similarly, if tomorrow's 19b-4 is passed, it will be the first step for Ethereum ETF to be launched. The revised 19b of the five ETFs actually has a conclusion on the definition of commodities and securities, so this makes the most difficult to confirm the jurisdiction clear. Therefore, after the regulatory difficulties are overcome, this approval becomes easier.

And the result of this approval will definitely have an important impact on the subsequent market, and it can even be said that it will bring about a new bull market. Similarly, if 19b is passed, the approval of S-1 may slow down. In a few weeks to a few months, we can see the approval of S-1. This pace is what we hope to see and is the best possibility.

We also have to make preparations for the approval on the 23rd. If 19b fails, it will give us the last and best chance to get on board Ethereum. $BTC $ETH #以太坊ETF批准预期