Launch Date
Bloomberg analysts Eric Balchunas and James Seyffart predict that Spot Ethereum ETFs will begin trading on July 2nd. The Securities and Exchange Commission (SEC) has reportedly sent fund issuers comments on their S-1 filings, which are said to be minor. Fund issuers are expected to file amended registrations within a week.
Impact on ETH Price
Crypto experts believe that Spot Ethereum ETFs will have a significant impact on Ethereum’s price. Ash Crypto predicts that ETH reaching $10,000 is inevitable, while Eljaboom and CrediBULL Crypto also expect a surge in value. CrediBULL Crypto sets a minimum target of $10,000 and even suggests a potential rise to $20,000.
