Ethereum
SEC expected to approve Ethereum ETFs
BlackRock and Grayscale are awaiting the July 8 decision.
The US Securities and Exchange Commission (SEC) is expected to approve spot Ethereum ETFs, with major players like BlackRock and Grayscale awaiting the final green light.
Originally scheduled for July 4, the approval of 10 Ethereum spot ETFs has been delayed. The SEC returned Forms S-1 to issuers, requiring revisions to be resubmitted by July 8 due to the holiday.
The delay from the original July 2 date means the ETFs could potentially launch in mid- to late July. Market analysts predict the ETFs could attract monthly inflows of $1 billion. At least one more round of reviews is expected before the ETFs can begin trading.
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