Ethereum (ETHUSD)

[ap17]

ETHEREUM READY TO LAUNCH SOON? 🤔
BREAKING: Ethereum ETF June launch ‘legit possibility’ as BlackRock files S-1

Ethereum
BlackRock has updated its S-1 filing for its spot Ethereum ETF.

Last week saw the approval of the 19b-4 filings, now we’re waiting on the S-1 filings - both need approval for the ETF to begin trading.

Expect more S-1 amendments to roll in soon as other issuers follow.

Interestingly, ETF analyst Eric Balchunas stated that “end of June launch a legit possibility”.

Although he still believes they’ll likely go live after July 4th.

EB tweet
It’s important to note that this S-1 amendment isn’t the final version. It’s still missing crucial data such as the management fee. (likely to be revealed as late as possible)

But it’s close to the final version…

From this filing the ETF will trade under the ticker $ETHA.

ETF analyst James Seyffart also commented on the filing:

“This is almost certainly the engagement we were looking for on the S-1’s following the 19b-4 approvals. Issuers and SEC are working towards spot Ethereum ETF launches… I think it’ll be weeks personally. (We’re already one week in). The norm is months though.”


James Seyffart
The launch of the Ethereum ETFs is just around the corner.

We’ll keep you posted on any further updates. 😎