Breaking News! Ethereum Spot ETF has just made a major breakthrough. The U.S. Securities and Exchange Commission has approved 19b-4 filings from several leading institutions, a key step in the entire approval process.



The approved institutions are quite formidable—Fidelity, iShares (a subsidiary of BlackRock), VanEck, Invesco, Galaxy, and Ark Investment are all on the list. Next, once the S-1 form officially takes effect, trading can commence. Industry experts generally believe this process will be completed within the next few weeks.

The significance of this for the market is self-evident. Once the Ethereum spot ETF is officially launched, ordinary investors will be able to buy Ethereum as easily and conveniently as stocks, without needing to open accounts on exchanges or learn wallet operations. This pathway is now open, and the channel for traditional funds to enter crypto assets is fully unlocked. Based on the experience from Bitcoin spot ETFs, such products tend to attract a large amount of institutional and retail funds, potentially leading to a significant change in the market landscape.
ETH-3,15%
BTC-2,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
GateUser-e19e9c10vip
· 01-09 08:29
Damn, finally here. I've been waiting for this day for too long.
View OriginalReply0
HashBanditvip
· 01-08 12:18
ngl the real question is what happens to gas fees when all these normies pile in... we talking 500 gwei? 1000 gwei? back in my mining days we'd laugh at current fees, now look at us lol. institutional money is coming but eth still can't handle actual usage, this is why rollups matter fr fr
Reply0
MevHuntervip
· 01-07 18:32
Oh my god, ETH spot ETF is really coming, now traditional finance is finally entering the space...
View OriginalReply0
DAOdreamervip
· 01-06 08:59
Oh my god, it's finally here! Now the aunties can also buy ETH.
View OriginalReply0
WalletInspectorvip
· 01-06 08:57
Wait, is this true? Is the ETH spot ETF really coming?
View OriginalReply0
WinterWarmthCatvip
· 01-06 08:55
Oh my god, it's finally here. I've been waiting for this moment for ages.
View OriginalReply0
LucidSleepwalkervip
· 01-06 08:55
Oh my, it's really happening now. The traditional giants are finally entering the scene.
View OriginalReply0
CantAffordPancakevip
· 01-06 08:42
Is this wave really coming? Is the ETH spot ETF about to take off? Get it straight, can it really go live within a few weeks? These institutions are moving pretty fast. Once BlackRock makes a move, traditional funds have no choice but to enter the market willingly. Wait, if it goes live, can the price increase, or will it be hammered down again? It feels like another wave of big funds is entering. Can retail investors get a piece of the pie? The experience from the Bitcoin ETF is right here, but can ETH replicate that success?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)