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International Business Times
International Business Times
Business
Marvie Basilan

When Will Spot Ethereum ETFs Go Live? Experts Say It Won't Be This Week

SEC Ethereum Eric Balchunas ETF James Seyffart Crypto
Spot Ethereum ETFs are waiting for full approval before they go live, but it appears it won't be anytime this week. (Credit: Ethereum Website/Screenshot)

KEY POINTS

  • Analysts now believe the SEC won't make a decision until after the July 4th holidays
  • Bloomberg's Balchunas said the SEC "took extra time" to provide comments to issuers
  • Some crypto users are bearish of a potential launch next week due to the delays

Following the partial approval of spot Ether (ETH) exchange-traded funds (ETFs), there was much buzz over the weekend on X (formerly Twitter) regarding the fundamental question around the Ethereum community: when will the funds be fully approved for trading? At this point in time, industry analysts and experts are unsure, but they agree it won't be within the Independence Day holidays week.

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