ETF Store President Nate Geraci expressed uncertainty regarding the timeline for the U.S. Securities and Exchange Commission (SEC) to approve the spot Ethereum ETF registration statement.
Nate Geraci: Uncertainty Remains Regarding US SEC Approval of Spot Ethereum ETF
While approval is expected in the coming weeks or the next two to three months, the exact timing remains unclear and depends on how long the SEC decides to delay the process.
Underlining the unpredictability of the SEC's actions, Geraci stated that the regulator has the authority to extend the approval period. “It's just a matter of how long the SEC wants to delay,” Geraci said, underscoring the speculative nature of the timeline.
Former SEC Chairman Jay Clayton made a more specific prediction, suggesting that spot Ethereum ETF trading could begin as soon as July or August.
This optimistic outlook adds a layer of anticipation within the cryptocurrency community as they look to see how the SEC will take this next step in the evolving digital asset landscape.
While the crypto industry awaits the SEC's decision, stakeholders are monitoring developments closely and hope that the launch of a spot Ethereum ETF will pave the way for further integration of digital assets into mainstream investment portfolios.
*This is not investment advice.
