News
Ethereum ETF Launch Delayed Again
9:46 ▪ 3 min read ▪ by Luc Jose A.
Originally expected in early July, the launch of Ethereum ETFs has just been pushed back by the SEC, plunging crypto investors into palpable uncertainty. This unexpected decision, supported by additional requests for revisions to S-1 forms, highlights the persistent regulatory challenges facing the adoption of digital assets.
SEC’s New Decision on Ethereum ETFs
The United States Securities and Exchange Commission (SEC) has decided to delay the long-awaited launch The launch of the Ethereum ETFs, originally scheduled for early July, follows additional comments from the U.S. financial regulator on the S-1 forms submitted by potential ETF issuers. Issuers now have until July 8 to resubmit their revised forms, which could push the launch of the Ethereum ETFs to mid-July or later.
The delay is part of a two-step process for Ethereum ETF approval.The first step, which is to approve the Form 19b-4, was completed in May. However, the Forms S-1, which are the second step, do not have a fixed deadline, leaving issuers dependent on the SEC’s timeline for their review and approval.
Market reactions
While some in the cryptocurrency industry remain optimistic about a quick approval following the revised S-1 forms, others worry that the delay could mean deeper regulatory challenges. Analysts estimate that final approval could come within two to three weeks of the revised forms being filed, but the exact date remains uncertain. Crypto investors, who had initially anticipated approval in early July, should now reevaluate their short-term strategies.
Moreover, the implications of this delay go beyond the ETF launch. This is indeed a critical test for the entire cryptocurrency industry. Once approved, Ethereum ETFs could not only gain institutional recognition, but also transform the cryptocurrency investment landscape, providing new opportunities for investors and investors alike. consolidate Ethereum’s position in the global financial market.
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Luc José A.
A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I made a commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of current events, decipher market trends, relay the latest technological innovations and put into perspective the economic and societal challenges of this ongoing revolution.
DISCLAIMER
The views, thoughts and opinions expressed in this article are solely those of the author and should not be considered investment advice. Do your own research before making any investment decision.