• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

Types, Use Cases and Why They Matter

2025-05-24

What’s the Real Difference for Beginners?

2025-05-24

What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

2025-05-23
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    Types, Use Cases and Why They Matter

    2025-05-24

    What’s the Real Difference for Beginners?

    2025-05-24

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21
  • Market Cap
  • Shop
Crypto Semantic
Home»Regulation»Bloomberg analysts expect spot Ethereum ETFs to launch by mid-July
Balchunas predicts end of June ETH ETF launch as Grayscale updates S-3 statement
Regulation

Bloomberg analysts expect spot Ethereum ETFs to launch by mid-July

2024-07-04No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bloomberg ETF analyst James Seyffart stated he and his colleagues consider spot Ethereum ETFs may launch round July 15 as the appliance course of settles.

Seyffart posted the prediction on social media on July 3 however stated he has “low confidence in these launch date predictions at this level.”

The prediction is said to Bitwise’s modification to its spot Ethereum ETF utility on July 3. Seyffart famous that the one vital change was including a six-month payment waiver for the primary $500 million in belongings. Seyffart stated:

“These adjustments have been very minimal and [I don’t know] why the ETFs wouldn’t be able to go inside a pair weeks.”

He added that there isn’t any official timeline for approvals, and the SEC’s Division of Company Finance is “taking [its] time” approving every fund.

“Actually nothing’

Bloomberg ETF analyst Eric Balchunas stated the newest spherical of feedback concerned “actually nothing” and asserted the funds ought to have begun buying and selling already.

He added that the sunshine feedback additionally allowed Bitwise to amend its utility earlier than the July 8 deadline that it and different candidates are anticipated to fulfill.

Balchunas stated that every one indications counsel a “launch [is] nonetheless on for this month.”

In the meantime, ETF Retailer president Nate Geraci believes candidates will submit one more round of amendments so as to add charges earlier than the funds can start buying and selling.

SEC issued alternate approvals in Might

On Might 23, the SEC accepted 19b-4 rule adjustments, permitting exchanges to listing and commerce the pending spot Ethereum ETFs. The company should now approve S-1 registration statements to allow asset managers to situation the funds, however there isn’t any deadline by which it should achieve this.

See also  Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy

Balchunas stated the ultimate approvals are assured, noting:

“Excellent news is [the SEC] accepted [the 19-b4s], that is simply logistics and issuers at their mercy timeline clever.”

Balchunas beforehand predicted spot Ethereum ETFs would launch earlier than July 4, calling the prediction an “over/underneath” date. He extended the sooner prediction in late June because the SEC requested candidates to amend their S-1 registration statements by July 8.

Different candidates have backed a near-future launch for the Ethereum ETFs. Galaxy Digital, which has an utility pending with Invesco, expects the funds to launch in a matter of weeks.

Talked about on this article
Writer

Mike Dalton

Journalist at CryptoSlate

Earlier than transitioning to crypto writing in 2018, Mike studied library and data sciences. At the moment, he resides on Canada’s West Coast.

Editor Editor

Assad Jafri

Editor & Reporter at CryptoSlate

AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his abilities worldwide for over a decade. Specializing in monetary journalism, he now focuses on crypto reporting.

Newest Alpha Market Report



Source link

Analysts Bloomberg ETFs Ethereum Expect Launch midJuly Spot
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum vs Bitcoin: Difference Between this Cryptocurrencies

2025-02-07

Ethereum Classic (ETC) Price Prediction 2024 2025 2026 2027

2024-11-01

Folks Finance Expands to Ethereum, Avalanche, and Base With xChain Launch

2024-09-24

Ethereum price surge lifts Lido TVL by 10% despite 26k ETH withdrawals

2024-09-24
Add A Comment

Leave A Reply Cancel Reply

Top Posts
DeFi

Frax Finance Targets $100B Value Locked in Singularity Roadmap

2024-03-22

Frax’s singularity street map units a goal of $100 billion in TVL for its layer…

Regulation

UAE to create exclusive free zone for digital, virtual asset companies

2023-02-28

Advert The federal government of Ras Al Khaimah is about to unveil a brand new…

Bitcoin

Bitcoin bears gain ground as fund holdings sink to 2020 lows

2023-09-10

Journalist Posted: September 10, 2023 Bitcoin Fund Holdings have dropped to their lowest in over…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

KuCoin to introduce mandatory KYC, ending deposits for non-verified users

2023-06-29

Azuki Announces Elementals Collection at Las Vegas Event

2023-06-24

Cardano NFTs grow from strength to strength – enough to flip Ethereum and Solana?

2023-05-06

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$108,808.000.35%
  • ethereumEthereum(ETH)$2,546.220.03%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.340.45%
  • binancecoinBNB(BNB)$672.291.39%
  • solanaSolana(SOL)$177.23-0.29%
  • usd-coinUSDC(USDC)$1.000.00%
bitcoin
Bitcoin (BTC) $ 108,975.20
ethereum
Ethereum (ETH) $ 2,553.44
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.35
bnb
BNB (BNB) $ 673.07
solana
Solana (SOL) $ 177.70
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.227322
cardano
Cardano (ADA) $ 0.752823
tron
TRON (TRX) $ 0.271069