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Home»Web 3»The Ethereum ETFs Are On Pause (But Only For A Few Weeks)
Web 3

The Ethereum ETFs Are On Pause (But Only For A Few Weeks)

2024-07-01No Comments1 Min Read
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TL; DR

Full story

Okay, that last article was a doozy!

So we’ll keep this one short and sweet.

Hopes that Ethereum ETFs will be launched this week are fading.

This comes on the back of news that the SEC recently asked potential ETF issuers to amend their applications (this usually doesn’t happen if all goes well).

Here are two solid reasons not to assure:

  1. Whether it’s in a week or a month, these ETH ETFs are on the rise. That’s what matters in the long term.

  2. The launch of ETFs does not guarantee that Ethereum’s price will suddenly skyrocket (in fact, BTC dumped when its ETFs launched).

Good news is:

(If betting markets can be trusted) there is a 77% chance they’re launching this month – by July 26 to be precise.

Okay, now you know!

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See also  Ethereum price could see recovery if it can clear $1,800
ETFs Ethereum Pause weeks
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