
Nate Geraci: "I know the exact launch date of the ether-ETF"
04.07.2024
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59After the SEC reviews the revisions, which will take several days, the regulatory agency will issue a verdict:
"Final Form S-1 filings could be approved by July 12. This means that ETH-ETFs will be launched on July 15"
In June, the regulator returned prospective ETH-ETF issuers their filings asking for edits. Filing Forms S-1 is part of the process of launching exchange-traded products on U.S. stock exchanges.
Earlier, a report by Stento Research indicated that the ether exchange rate would reach $6500 after the approval of the ether-ETF by the US authorities. The inflow of funds into the ETH-ETF could amount to $15-20 billion a year, experts suggest.