The market is almost at a standstill ahead of the potential approval of spot Ethereum ETF approval by the United States Securities and Exchange Commission (SEC). One major controversy that Bloomberg Senior ETF Analyst James Seyffart just addressed is related to the expected launch timeline after approval.
When Will Spot Ethereum ETF Start Trading?
As it stands, the approval odds for the spot Ethereum ETF are way above 75% as SEC staff has informed crypto exchanges of its intention to greenlight the product. In his explanation, Seyffart hinted that approval is different from the actual ETF launch.
He recalled a post he shared earlier detailing the order of approvals featuring 19b-4s and S-1s. With VanEck’s deadline set for May 23, many are wondering if the timeline to start trading is right. In his exposition, Seyffart noted that approving the 19b-4 for the asset manager may come by the deadline. However, approving S-1 might take weeks to months.
Bumping this post. Seeing broad misc
We współpracy z: https://coingape.com/spot-ethereum-etf-when-is-launch-timeline-if-sec-gives-approval/
