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The ETF Store President : Ether Spot ETF More Likely to Launch Week of July 15

The ETF Store President : Ether Spot ETF More Likely to Launch Week of July 15

Bitget2024/07/07 13:47
ETH+1.97%XOLDTOKEN0.00%

July 7 - Nate Geraci, President of The ETF Store, once again emphasized on the X platform that he would be 'shocked' if the spot ETH ETF is not listed for trading in the next 2 weeks. It is possible that it will be listed later next week, but more likely the week of July 15th. Interestingly, the price of ETH is down more than 20% since its "surprise" 19b-4 approval at the end of May.

Previously on July 3, Nate Geraci, president of The ETF Store, said that Bloomberg maintains that the spot Ether ETF will be released in mid-July. The revised S-1 expires on July 8, with a final version of the S-1 likely to be filed by July 12. which theoretically means that the ETF in question launches the week of July 15th.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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