Spot Ethereum ETFs to Begin Trading on July 23
In a major development for cryptocurrency investors, the Securities and Exchange Commission (SEC) has notified issuers that spot Ethereum ETFs will be registered on Monday, with trading set to commence on Tuesday, July 23. This information was confirmed by Reuters.
Three of the eight issuers have already received preliminary approval, while the remaining five are expected to submit their final documents by the end of this week. The coordinated effort suggests that all eight ETFs will launch simultaneously, marking a significant milestone in the cryptocurrency market.
Initially, the launch date for the Ethereum ETF was set for July 18. The updated timeline provides a few extra days for final preparations and approvals, ensuring a smooth rollout for this much-anticipated financial product.
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