Nate Geraci, president of The ETF Store's highlights that it is highly probable that the spot ETH ETF will receive approval on 15th July.
Will the SEC finally approve the Ethereum spot ETF on the 15th of July, or will there be further delays?In his post, Geraci indicated that following a revised S-1 submission for Ethereum ETFs, expected in July, final approval from the SEC could be granted by the 12th of July.
However, with the SEC’s prior approval of 19b-4 filings in May, things might soon work in favor of the issuers.“Look, we’ve done this before. This is methodical, this is window dressing, the SEC is engaged. We did it for the Bitcoin ETF, the products are substantially similar — we know the plumbing, we know the process.
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