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The Ethereum ETFs Are on Pause (But Only for a Couple Weeks)

July 3, 2024
in Web3
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TL;DR

Full Story

Okay, that final article was a doozy!

So we’ll hold this one brief n’ candy.

Hopes that the Ethereum ETFs will launch as early as this week are fading.

This comes off the again of reports that the SEC has just lately requested potential ETF issuers to amend their purposes (this doesn’t sometimes occur if issues are good to go).

Right here’s two stable causes to not care:

Whether or not it’s one week, or one month from now — these ETH ETFs are occurring. That’s what issues in the long term.

The launch of ETFs doesn’t assure Ethereum’s value will hastily skyrocket (in truth, BTC dumped when its ETFs have been launched).

Excellent news is:

(If betting markets are to be trusted) there’s a 77% likelihood they may launch this month — by July 26 to be precise.

Alright, now you recognize!



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Tags: CoupleETFsEthereumpauseWeeks
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