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Spot Ethereum ETF Launch Predictions in July

Jul 3, 2024

As July commences, the cryptocurrency market steps into a new chapter marked by anticipation around the initiation of spot Ethereum ETFs trading. Amidst the watchful eyes awaiting the SEC's final nod on ETH ETFs, expert Nate Geraci revises his forecast. Geraci, the head of The ETF Store, envisions the debut of spot Ethereum ETFs on July 15. Emphasizing that Bloomberg's timeline still points to mid-July, Geraci anticipates revised S-1 applications to be lodged by July 8, with the potential S-1 approval date looming on July 12. Contemplating these milestones, Geraci posits that the probable kick-off day for spot Ethereum ETF trading falls on July 15.

The SEC greenlit 19b-4 filings for spot ETH ETFs listing on exchanges in May. Nonetheless, preceding ETF trading, the SEC's approval of S-1 filings is imperative.

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