Here’s when it might officially launch

With the approval of the United States Securities and Exchange Commission (SEC) Spot ETF Ethereum In the United States, all eyes are on the date they go live. Today, several experts shared their predictions as to when the highly anticipated investment offering could launch.

Crypto-Based ETF Follows Bitcoin as the second asset to obtain authorization in the country. However, the ETH iteration of the product has not yet launched and the market is waiting for that moment. Subsequently, a few leading crypto voices gave their best guesses on this impending moment and laid out a timeline.

Also read: Bitcoin: Michael Saylor Reacts to Ethereum ETF Approval

Experts predict when Spot Ethereum ETF will go live

Over the past few months, all eyes have been on the Ethereum ETF application process. The market was awaiting a decision, with the SEC surprisingly changing its position and greenlighting the offering this month. However, it is not yet officially operational, with the industry mulling over a possible timeline.

Today, several industry experts discussed Spot Ethereum ETFs and when a launch could officially take place. Specifically, Nate Geraci of the ETF Prime podcast discussed a timeline for the official arrival of the product. In a post to X (formerly Twitter)Geraci stated that “no one knows for sure, but I would expect that [the] the next weeks. »

Geraci said the Ethereum ETF launch would happen in “2-3 months maximum.” Additionally, he said the “heavy lifting” has already been done following the launch of Spot BTC ETFs this year. Ultimately, he noted that a delay in negotiations depends on “how long the SEC wants to extend this.”

Also read: Ethereum is effectively considered a commodity: Coinbase Exec

Conversely, Erich Balchunas of Bloomberg also discussed a negotiating timetable in response to Geraci. Specifically, Balchunas remarked, “July 4th looks like a good over/under. ” Overall, this shows that the industry expects the launch to take place within the next two weeks.

However, for the product to officially go live, S-1 approvals are required. This part of the process appears to be what is delaying the launch of ETFs, as it is vital for registering the securities with the SEC. Although the next few weeks seem to be an appropriate timetable, the process still faces some uncertainties regarding its eventual launch.

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