ETF Store President Expects Ether ETF Launch Within “Two Weeks”

Nate Geraci forecasts an important timeline for Ethereum ETFs.

Hand holding Ethereum coin and asking when is ETF?
Created by Kornelija Poderskytė from DailyCoin
  • The ETF Store president has issued a new prediction on the launch of Ether ETFs.
  • The SEC approved the funds in May but are yet to be listed for trading.
  • The prediction comes as observers continue to speculate about the potential of ETH ETFs.

If the launch of U.S. spot Bitcoin exchange-traded funds in January embodied a watershed moment for the crypto industry, the debut of spot Ether ETFs on Wall Street could be nothing short of revolutionary.

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Following the Securities and Exchange Commission’s (SEC) approval of all Ether ETFs in total pivot on May 23, the President of The ETF Store, Nate Geraci, believes the funds could be listed and traded this month.

Geraci Forecasts Ether ETF Launch

In an X (formerly Twitter) post on July 7, Geraci said that he would be “shocked” if spot Ether ETFs are not listed for trading “within the next two weeks.”

When asked why he suggested the week of July 15 as the likely timeline for the Ether ETF launch, the ETF Store president said the forecast was based on the timing of filings with the securities watchdog.

“Most issuers (believe all but Bitwise) still have to submit amendments on Monday. Will then be "final" S-1 submitted after that, which needs to happen by Wed as assume issuers don't want Fri launch. Think unlikely, so moves timeline to July 15th week,” Geraci wrote.

Geraci’s comment comes as observers continue to speculate what the potential launch of Ethereum ETFs means for the crypto industry and whether the funds would emulate the success of Bitcoin ETFs.

For some, the arrival of these funds on Wall Street could help drive far more mainstream acceptance of the underlying crypto asset, given that over 10,000 projects have been built on the Ethereum blockchain.

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Others, like Andrew Kang, founder of Mechanism Capital, believe that the funds may not be as successful as Bitcoin ETFs. According to Kang, Ether ETFs will likely attract 15% of the flows that spot Bitcoin ETFs have seen.

Read about other Ether ETF key date predictions:
Ethereum ETF Key Dates Predicted Ahead of Trading Day Debut

Stay updated on Thailand’s first spot Bitcoin ETF:
Thailand Approves First Spot Bitcoin Exchange-Traded Fund (ETF)

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.