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#Opinion

πŸ”· Analyst Eric Balchunas from #Bloomberg believes that the #SEC decision on the #Ethereum #ETF can be expected around 23:00 (GMT+3)

In January, the approval for the launch of a #BTC ETF was published around the same time πŸ’°

In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.

So, #ETH to the moon? πŸš€

πŸ”₯ β€” yes
🌚 β€” no
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#Opinion

⚑️ #Reuters reports on the launch of an #ETH-#ETF on July 4th

The agency's report cites its sources and claims that negotiations between the regulator and management companies are nearing completion.

Experts from #Bloomberg also report on the imminent launch of an ETF on #Ethereum, but according to their information, the launch could happen as early as July 2nd.

πŸ’― β€” Ethereum is going to the moon
🍌 β€” It’s gonna go flat
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#Opinion

πŸ”· Analysts from K33 Research predict that after the launch of an #ETF, #Ethereum will surpass #BTC in growth rate

In their opinion, trading could start as early as July 8, leading to a significant increase in the price of #ETH.

Meanwhile, #Bloomberg reports that the #SEC will approve the applications on July 12, and trading will begin in the middle of the month. If launched, experts foresee a capital inflow into the ETH-ETF of 45 billion dollars in the first year of trading πŸ“ˆ
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⚑️ Forms for listing a #Solana-#ETF have been submitted to the #SEC

πŸͺ™ 19b-4 forms were sent by the options exchange #CBOE on behalf of #VanEck and #21Shares. #Bloomberg analysts predict a decision deadline for the applications by March of next year. They also highlight that the results of the US presidential election could further influence the approval of the #SOL-ETF.

πŸ”· Meanwhile, issuers of spot #Ethereum-ETF, including #BlackRock, #Fidelity, #Grayscale, #21Shares, #Franklin #Templeton, and VanEck, have submitted updated application forms to the SEC. Experts now cite July 18 as the listing date for the #ETH-ETF.

#CryptoNews
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⚑️ The launch of the #Ethereum-#ETF may take place on July 23

ETF market analyst from #Bloomberg, Eric Balchunas, reported that the #SEC has sent a request to #ETH-ETF issuers to submit final application forms, including fee details.

πŸ“ˆ Industry experts believe that if no unforeseen circumstances arise, registration could be completed by the end of this week, and trading could begin on July 23.

πŸ”· Are you waiting for the Ethereum ETF?

#CryptoNews
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πŸͺ™ In an interview with #Bloomberg, the head of the cryptocurrency division at #BlackRock, Robbie Mitchnick, stated that #Bitcoin should not be classified as a risky asset.

According to him, although #BTC is correlated with the stock market, its fundamental differences from government assets eliminate counterparty risk β€” when one party in a financial transaction fails to meet its obligations.

#QuoteOfTheDay

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