JPMorgan Believes Trading of Spot Ethereum ETFs Will Begin Before November
Main page News, Ethereum

Analysts at JPMorgan have stated that trading of approved Ethereum exchange-traded funds could begin well before November.

According to them, this approval and the broader issue of crypto is likely to become a political issue ahead of the 2024 US presidential election.

As a result, they anticipate spot trading of Ethereum ETFs to begin well before November.

On Thursday, the US Securities and Exchange Commission approved Forms 19b-4 for eight spot Ethereum ETF applicants, including Grayscale, Bitwise, BlackRock, VanEck, Ark 21Shares, Invesco, Fidelity and Franklin.

However, S-1 registrations for these ETFs are still pending SEC approval before they can begin trading. Some analysts predict that trading of these ETFs will begin in the next few weeks.

Read also:
Please describe the error