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Wen Ethereum ETFs? | Web3 Daily

Altszn.com by Altszn.com
May 30, 2024
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Wen Ethereum ETFs? | Web3 Daily
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TL;DR

  • According to the ETH ETF sage Eric Balchunas, based on early engagement from the SEC, we could see the ETH ETFs launch at the end of June.

Full Story

You know that nervous excitement you used to feel after you’d strong armed your parents into buying you something in the future?

E.g. “If you complete your weekly chores on schedule for the next three months, we’ll buy you the Poke-ee-mons game that you want.”

…then for the next quarter — you’re cleaning your room and stacking the dish washer, mid-shaking-fit, like you’ve just chugged a gallon of Red Bull.

Yeah, well, that’s the energy the Ethereum community is giving in the lead up to the launch of the Ethereum ETFs — and we’re here for it!

The worry was: we might be stuck in ‘launch limbo’ for a hot minute, because these ETF approvals were RUSHED compared to the Bitcoin ETFs…

But good news just broke:

The SEC has asked ETF issuers to get their S-1 forms in by today.

According to the ETH ETF sage Eric Balchunas, this early engagement from the SEC means we could see the ETFs launch at the end of June, if not early July.

Will our bodies be able sustain this level of adrenaline for that long?

No idea ¯\_(ツ)_/¯

Gonna pound some blood pressure medication just to be safe.

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Read More: www.web3daily.co

Tags: dailyETFsEthereumweb 3.0Web3Wen
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