• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam

Ethereum Spot ETF: Bloomberg Analyst Extends Deadline For Launch

Semilore Faleti
by Semilore Faleti
1 year ago
·
Posted in ETF
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bloomberg analyst Eric Balchunas has shifted his projected deadline for the launch of Ethereum Spot ETFs in the United States. This development comes following comments by the US Securities and Exchange Commission on the second round of S-1 forms submission.

Related Reading: Green Light Ahead For Ethereum ETF, States SEC Chair Gensler

S-1 Forms Receive Late Response From SEC – Details

In May, the SEC abruptly approved the 19b-4 filings from eight prospective issuers of the Ethereum spot ETF, clearing the first step for the eventual introduction of these investment funds. In line with US regulations, the Commission is also expected to greenlight the S-1 forms of these proposed ETFs before trading can commence. For context, the S-1 forms contain information on an ETF’s investment objectives, strategies, risks, fees, etc. 

Following the initial submission of all draft S-1 forms on May 31, the SEC responded quickly with comments described as “pretty light” with all issuers ordered to turn in the requested amendments within a week. 

Based on the speed of operation, Eric Balchunas postulated the Commission to quickly clear the approval of these forms selecting July 2 as a potential launch date of the Ether spot ETF. However, the SEC has notably responded late on its second round of comments although with requests also described as “light tweaks”. 

Following this development and the fast-approaching US Thanksgiving holiday which will allow little work to be done next week, Balchunas predicts work on the S-1 forms to resume on July 8, and approval to come shortly after.

Unfort think we gonna have to push back our over/under till after holiday. Sounds like SEC took extra time to get back to ppl this wk (altho again very light tweaks) and from what I hear next wk is dead bc holiday = July 8th the process resumes and soon after that they’ll launch… https://t.co/0ZQR7yiBLt

— Eric Balchunas (@EricBalchunas) June 28, 2024

It is worth stating that, unlike the 19b-4 forms, the S-1 forms have no fixed deadline with approval solely hinging on the SEC’s satisfaction with the issuers’ proposed terms.  Earlier in June, the SEC Chairman Gary Gensler had stated this process could “take some time” saying that approval will largely depend on the applicants’  responsiveness to the Commission’s comments.

Related Reading: Ethereum Spot ETF: Experts Weigh In On ETH Selling Point Post-ETF Approval

Ethereum Spot ETFs Tipped To Quickly Hit $1 Billion Inflows 

In other news, investors and analysts have continued to remain bullish on the potential performance of the Ethereum Spot ETFs when they eventually commence trading. In an X post on June 28, Charles Yu, Vice President of Research at Galaxy Research has backed these funds to receive at least 20-50% of the demand seen in Bitcoin counterparts.

Ethereum Spot ETF
ETH trading at $3.366 on the daily chart | Source: ETHUSDT chart on Tradingview.com

With total Bitcoin Spot ETF inflows estimated at $15 billion, Yu predicts the Ethereum ETFs to record $1 billion in monthly flows for the first 5 months of trading. In addition, Charles Yu expects Ethereum to show a higher price sensitivity to these inflows due to various reasons including a lower net inflation and lower supply percentage on exchanges.

Featured image from Space.com, chart from Tradingview
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Semilore Faleti

Semilore Faleti

Follow

Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world.

Full Profile

Related Posts

Cena Bitcoinu po prepade o 20 000 $ opäť rastie. Aká je predikcia do konca roka 2025?

Cena Bitcoinu po prepade o 20 000 $ opäť rastie. Aká je predikcia do konca roka 2025?

1 week ago
Bitcoin spot etfs

Bitcoin Spot ETFs Bounce Back With $3.24 Billion In Net Inflows – Details

2 weeks ago
Bitcoin ETFs

US Bitcoin ETFs Post $900M Net Outflows In Past Week – Details

3 weeks ago
Solana

Solana ETF Amendments Roll In For The ‘Final Countdown’—Approval In 2 Weeks?

3 weeks ago
Ethereum

Ethereum ETFs Register $557 Million Inflows As BlackRock Leads The Charge

3 weeks ago
SEC ETF krypto 2025

Ważna decyzja SEC: ETF krypto 2025 z nowymi regulacjami

1 month ago

Premium Sponsors

Press Releases

  • KCEX стартира бонус за търговия от...

    13 hours ago
  • โปรโมชั่นโบนัสสำหรับผู้ใช้ใหม่จาก KCEX แจกสูงสุด 21,000 USDT

    KCEX จัดหนัก!...

    1 day ago
  • WEEX стартира кампания с до 50%...

    1 day ago
  • FleetMining Turns BTC, XRP, and ETH into Daily Income

    FleetMining Turns BTC, XRP, and ETH into Daily Income with...

    2 days ago
  • CryptoGDEX Launches Global Petition to Revolutionize Wealth Distribution

    CryptoGDEX Launches Global Petition to Revolutionize Wealth...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.