Bloomberg: Spot Ethereum ETF Trading Starts Before July 2

Bloomberg Strategists. I believe that trading of exchange-traded crypto-ETFs for ether can start in early July.

In their opinion, until the beginning of July there is enough time for the product issuers to implement all procedures.

They also do not rule out that the SEC will receive all the necessary reporting this week to approve the launch of the instrument on the US stock market.

SEC head Gary Gensler recently made it clear that by the end of summer, participants in the US stock market will be able to gain access to the instrument.

On May 23, the regulator approved 8 applications for the issue of spot Ethereum-ETFs.$ETH #ETH🔥🔥🔥🔥