Ethereum Spot ETFs Likely To Start Trading By July 23 Provided 'No Unforeseeable Last Min Issues' Occur
Portfolio Pulse from Aniket Verma
The SEC has provisionally approved at least three Ethereum-based ETFs, with trading expected to start by July 23, provided no last-minute issues arise. Asset managers like BlackRock, VanEck, and Franklin Templeton are among those likely to launch these ETFs. This development could lead to significant capital inflows into Ethereum, potentially boosting its value.
July 16, 2024 | 1:10 am
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Franklin Templeton is among the asset managers likely to launch Ethereum-based ETFs, which could attract significant investor interest and capital inflows.
Franklin Templeton's involvement in launching Ethereum-based ETFs is likely to attract significant investor interest, leading to potential capital inflows and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BlackRock is among the asset managers likely to launch Ethereum-based ETFs, which could attract significant investor interest and capital inflows.
BlackRock's involvement in launching Ethereum-based ETFs is likely to attract significant investor interest, leading to potential capital inflows and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The launch of Ethereum-based ETFs could lead to significant capital inflows, potentially boosting Ethereum's value.
The approval and launch of Ethereum-based ETFs are expected to attract substantial investor interest and capital inflows, which could significantly boost Ethereum's value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
VanEck is among the asset managers likely to launch Ethereum-based ETFs, which could attract significant investor interest and capital inflows.
VanEck's involvement in launching Ethereum-based ETFs is likely to attract significant investor interest, leading to potential capital inflows and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80