In today’s briefing:
- Crypto Moves #34 – The U.S. Ethereum Spot ETFs Are Not Priced In
Crypto Moves #34 – The U.S. Ethereum Spot ETFs Are Not Priced In
- Just over a month ago, on May 23, the U.S. Securities and Exchange Commission (SEC) approved U.S.-based Ethereum spot ETFs.
- However, these ETFs have not yet launched because the SEC still needs to approve the necessary S-1 filings, in addition to the already approved 19b-4 filings from May 23.
- This final approval is largely a formality, suggesting that a launch is imminent.