Spot Ethereum ETF Trading Expected to Begin by July 15, Says ETF Expert Nate Geraci
The anticipation for the launch of a spot Ethereum ETF is reaching a fever pitch as President of ETFStore Nate Geraci predicts that trading could begin as early as July 15. With the United States Securities and Exchange Commission (SEC) expected to complete the necessary processes for approval this week, investors are eagerly awaiting the opportunity to trade Ether ETFs.
Geraci’s optimistic outlook is based on the recent return of S-1 filings by potential spot Ethereum ETF issuers, including major players like BlackRock, Fidelity, and Grayscale. The feedback provided by the SEC was reportedly minor, leading Geraci to believe that trading could commence within the next 14-21 days.
In addition to the potential spot Ethereum ETF, other firms are also jumping on the crypto ETF bandwagon. YieldMax has submitted a filing for an Ether Option Income Strategy ETF, while Hashdex is looking to launch a combined Bitcoin and Ethereum ETF. These developments indicate a growing interest in crypto ETFs and could pave the way for more offerings in the future.
As the SEC continues to review these filings and engage in constructive dialogue with issuers, the possibility of a spot Ethereum ETF becoming a reality is becoming increasingly likely. Investors should keep a close eye on developments in the coming weeks as the crypto market continues to evolve.
