Bloomberg analyst predicts end of June ETH ETF launch as Grayscale updates S-3 statement
Bloomberg Senior ETF Eric Balchunas called an earlier mid-June launch a "long shot."
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
Experts believe the leveraged Ethereum ETF approval could spur the SEC's approval of spot ETH ETFs.
BlackRock's Strategic Income Opportunities Portfolio and Strategic Global Bond Fund gained exposure to BTC in the first quarter.
The SEC's approval of spot ETH ETFs is already on uncertain ground.
According to Kaiko's report, the approval has removed much of the regulatory uncertainty around Ethereum's classification as an asset class.
BigSur Wealth Management also disclosed a $3.3 million IBIT investment.
Bloomberg ETF analyst James Seyffart took part in an interview hosted by Bitwise CIO Matt Hougan, who in turn predicted "significant demand."