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Ethereum Forum / Re: SEC May Deny Spot Ethereum ETF In May
« on: Today at 01:35:23 PM »1. Do you think that eventually approval for Ethereum ETF will happen in either in 2024 the earliest and 2025 the most?Following are the dates for ETH's last approval,
2. Do you think there will almost be the same story here...just like what happened with the Bitcoin ETF...where a court case was necessary to compel SEC for the eventual approval?
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Ethereum ETF final deadlines.So if we observe these dates, I think you are right, SEC might reject the approval in this month (May) too. But they will not reject it every time, they will definitely follow the same pattern they did with BTC. I don't know why they are holding things that long, they just don't want crypto to be legalized, so they will delay things as much as they can. I think the first ETH ETF they will accept will be of Grayscale or of fidelity.
🟠VanEck: May 23
🟠Ark Invest/21Shares: May 24
🟠Hashdex: May 30
🟠Franklin Templeton: June 11
🟠Grayscale: June 18
🟠Invesco/Galaxy Digital: July 7
🟠BlackRock: August 7
🟠Fidelity: August 3
🟠Bitwise: December (Date Unspecified)
I am 100% sure that they will accept ETH ETFs before 2025, I mean why would they delay it, considering the current price of ETH its so under-value right now, what you think? Course case are necessary, as these authorities don't let anything goes live that easy, they will even try to make it not happen. They not only do it with crypto they do it with every technological approval.