Bloomberg ETF analyst James Seyffart said the S-1 approval for an Ethereum spot ETF could be completed "in a matter of weeks" but could take longer "as the process typically takes up to five months.
Bloomberg ETF analyst Eric Balchunas responded that mid-June is certainly a possibility. Balchunas expects only one round of comments on the S-1 amendment filing, similar to the feedback the SEC provides for spot bitcoin ETF applicants. The process takes about two weeks, which is how he arrived at his mid-June estimate.
Bloomberg analyst: Ethereum spot ETF could be launched in mid-June
2024-05-24 02:56:53
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