Crypto NewsEthereumCryptocurrency Journalist Eleanor Terrett Reveals She Heard Something New About Ethereum Spot...

Cryptocurrency Journalist Eleanor Terrett Reveals She Heard Something New About Ethereum Spot ETFs

Famous cryptocurrency journalist Eleanor Terrett shared new information about Ethereum Spot ETFs in her statement.

Follow Bitcoin Sistemi Google News Button

Eleanor Terrett, a famous cryptocurrency journalist, raised the possibility of Ethereum Spot ETFs being approved tomorrow.

Terrett said the following regarding the issue:

“Discussions have begun between SEC staff and issuers regarding S-1s, with the conclusion that there is 'work to be done' on them. I will consult with ETF experts on this, but this suggests the SEC may approve 19b4s tomorrow and then over the next few weeks/months.” “It shows that it will work with issuers on S-1s throughout.”

Related News  Another Blow to the SEC? Harsh Statements from Altcoin Under Threat of Lawsuit

Bloomberg ETF analyst James Seyffart also made evaluations on the subject. “Yes, I think if they work very hard it can be done in a few weeks, but there are many examples in history of this process taking more than 3 months (of course, the current situation is unlike anything that has ever happened in history, in my opinion),” Seyffart said.

Until a few days ago, almost everyone was commenting on ETH Spot ETFs as impossible, but the institution's attitude has changed 180 degrees and almost the entire cryptocurrency market is now waiting for approval for these products, with the final decision date of May 22.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week