Ethereum

when

<ul class="news-points">
 <li>SEC approval timeline for spot Ethereum ETFs uncertain.</li>
 <li>Political factors may influence the SEC’s decision-making process.</li>
 <li>Industry leader downplays prediction accuracy.</li>
</ul>
Nate Geraci, the president of the ETF Store, took to social media to reveal that it is impossible for anyone to accurately determine when the US SEC will fully approve spot Ethereum (ETH) exchange-traded funds in the country.
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 When will SEC approve spot eth ETF registration statements? *Nobody* knows for sure, but my expectation would be next few weeks. 2-3 months max. IMO, heavy lifting already done following spot btc ETFs &amp; eth futures ETFs. Just a matter of how long SEC wants to string this out.— Nate Geraci (@NateGeraci) <a href="https://twitter.com/NateGeraci/status/1795255561753424157?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 28, 2024</a>
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Geraci expected that the full approval of spot ETH ETFs might occur in the “next few weeks.” However, the ETF Store president suggested that the maximum time for approval can even be 2–3 months, adding:
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 “IMO, heavy lifting already done following spot btc ETFs &amp; eth futures ETFs. Just a matter of how long SEC wants to string this out.”
</blockquote>
Bloomberg Senior ETF analyst Eric Balchunas <a href="https://x.com/EricBalchunas/status/1795258410260373769" target="_blank" rel="noopener noreferrer nofollow">remarked July 4th</a>, Independence Day, could be a good “over/und…
The post <a href="https://coinedition.com/when-will-you-buy-ethereum-etfs-sec-approval-timeline-in-limbo/" rel="noopener noreferrer nofollow">When Will You Buy Ethereum ETFs? SEC Approval Timeline in Limbo</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

When Will You Buy Ethereum ETFs? SEC Approval Timeline in Limbo

Coin Edition

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