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A Reuters report on Wednesday suggested that industry insiders believe the SEC might greenlight spot ETH ETFs by July 4. This development comes as discussions between asset managers and regulators are reportedly in their final phases. The anticipated approval date of July 4 corroborates previous conjectures by Bloomberg analyst Eric Balchunas, who had forecasted the launch of ETH ETFs to occur around July 2.
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![Cryptocurrency Tracking: Can the Issuance of ETFs Propel Ethereum To New Heights?](https://ussnsimg.moomoo.com/sns_client_feed/77777019/20240628/475afdbc9a924f6c951560e1da07aeea.jpg?area=100&is_public=true)
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