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Bloomberg ETF analyst: Spot Ethereum FTF expected IPO time postponed to after July 8

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2024-06-28 22:51:27
Eric Balchunas, ETF analyst at Bloomberg, said in an X post: "It looks like we have to push back the expected IPO time of the spot Ethereum FTF until after the holidays. I heard that the SEC took more time this week to respond to people (albeit with some very minor adjustments), and from what I've heard, the approval process will resume on July 8 because of the holidays, and then they will start soon."
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