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Home»Web 3»Wen Ethereum ETFs? | Web3 Daily
Web 3

Wen Ethereum ETFs? | Web3 Daily

2024-05-31No Comments2 Mins Read
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TL; DR

  • According to ETH ETF sage Eric Balchunas, based on early SEC involvement, we could launch the ETH ETFs by the end of June.

Full story

You know that nervous rush you felt after strong-arming your parents into buying you something in the future?

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

…and then for the next quarter: you’re cleaning your room and stacking the dishwasher, in the middle of a shaking fit, like you just drank a liter of Red Bull.

Yes, that’s the energy the Ethereum community is giving in the run-up to the launch of the Ethereum ETFs – and we’re here for it!

The concern was: we might be stuck in launch limbo for a minute because these ETF approvals were hasty compared to the Bitcoin ETFs…

But good news just arrived:

The SEC has asked ETF issuers to file their S-1 forms today.

According to ETH ETF sage Eric Balchunas, this early involvement from the SEC means we could see the ETFs launch in late June, if not early July.

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

No idea ¯\_(ツ)_/¯

I’m going to stock up on some blood pressure medication just in case.

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See also  Ethereum ETFs: Approved! | Web3 Daily
Daily ETFs Ethereum Web3 Wen
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