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Ethereum ETF: July Launch Expected as Galaxy Predicts More Crypto ETFs

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The Spot Ethereum ETF is expected to launch in July, Galaxy Digital head of asset management Steve Kurz recently said. Moreover, he noted that there are expectations for even more crypto ETFs following the approval of both Bitcoin and ETH this year. Speaking to Bloomberg, Kurz said he expects the ETH ETF approvals in ‘weeks, not days.” Additionally, Kurz said future crypto-based exchange-traded products “really have to do with legislation being passed in the US.” Thereafter, he noted that regardless of the upcoming presidential election results, the country is “on the right track,” regarding digital asset regulation. Also Read: Ethereum ETFs: $5B Net Inflows Expected in First 6 Months Galaxy Expects ETH ETF in July, Even More Crypto ETFs In a recent interview, Galaxy Digital affirmed that Ethereum ETFs will launch in July while discussing the likelihood of even more crypto ETFs. Kurz said that “people want this. Retail wants this. Investors wa...

Hashdex Files Joint Spot Bitcoin & Ethereum ETF With the SEC

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Cryptocurrency asset management firm Hashdex has filed a joint Spot Bitcoin and Ethereum ETF application with the US Securities and Exchange Commission (SEC) today. Indeed, Bloomberg ETF analyst James Seyffart reported the filing, noting that it “makes a lot of sense.” The application will face a deadline for approval with the SEC in March 2025, Seyffart reports. Additionally, he notes that the filing includes language that would “allow the addition of other digital assets essentially as they are approved by the SEC.” Update: A dual Ethereum and # Bitcoin ETF filing from @hashdex just dropped. Will be market cap weighted. Shouldn't be a surprise to anyone — makes a lot of sense. Final deadline for SEC approval should be sometime around the first week of March 2025 pic.twitter.com/5wB7ucvbgM — James Seyffart (@JSeyff) June 18, 2024 Also Read: Australia’s Largest Stock Exchange Approves 1st Spot Bitcoin ETF Hashdex Files J...