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News Explorer — Ethereum ETFs Now Expected After July 4 Due to SEC Delays

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Jul 1, 12:03 pm

DL News

Ethereum ETFs Now Expected After July 4 Due to SEC Delays

The launch of spot Ethereum exchange-traded funds (ETFs) is facing uncertainty as experts believe the Securities and Exchange Commission (SEC) may not approve the applications this week. Bloomberg Intelligence analyst Eric Balchunas, who previously predicted approval before July 4, now expects it to happen in the week of July 8. The SEC has asked issuers to amend their applications and resubmit them by July 8, indicating potential delays in the approval process.

The launch of spot Ethereum exchange-traded funds (ETFs) is facing uncertainty as experts believe the Securities and Exchange Commission (SEC) may not approve the applications this week. Bloomberg Intelligence analyst Eric Balchunas, who previously predicted approval before July 4, now expects it to happen in the week of July 8. The SEC has asked issuers to amend their applications and resubmit them by July 8, indicating potential delays in the approval process.

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