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Shenyu predicts the Ethereum spot ETF timeline and market impact: S-1 may pass in early June, and institutional investors may gradually enter the market after December

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2024-05-24 09:01:54
Shenyu said on the social platform that according to the experience of BTC ETF and the public information of the market, the timeline of ETH ETF under the sword is determined:
May 23: ETH 19B-4 passes unexpectedly, and market makers start buying ETH spot to prepare for liquidity.
· Early June: S-1 may pass. Referring to the BTC ETF, it takes 2 weeks at the fastest, but the normal rhythm may take 3 months.
Mid-June: After the S-1 is passed, trading may begin immediately or within a few days.
· June to December: The main inflows in the initial stage of listing may come from retail investors, accounting for 80-90% of the total funds; institutional customer engagement is less. Considering that ETHE is similar to GBTC, the market may face some arbitrage and selling pressure, and it remains to be seen whether it can withstand this selling pressure.
· After December: Institutional investors may gradually enter the market over time. "
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