Shenfish predicts the timeline and market impact of Ethereum spot ETF: S-1 may pass in early June, and institutional investors may gradually enter the market after December

2024-05-24 16:58:50

Collection

ChainCatcher message, Shen Yu stated on social media, "Based on the experience of the BTC ETF and public market information, the timeline for the ETH ETF is as follows:

· May 23: ETH 19B-4 unexpectedly passed, and market makers began purchasing ETH spot to prepare for providing liquidity.

· Early June: S1 may pass. Referring to the BTC ETF, it may take as little as 2 weeks, but the normal pace could take 3 months.

· Mid-June: After S1 passes, trading may begin immediately or within a few days.

· June to December: The initial inflow of funds may mainly come from retail investors, accounting for 80-90% of total funds; institutional participation is relatively low. Considering that ETHE is similar to GBTC, the market may face some arbitrage and selling pressure, and it remains to be seen whether it can withstand this selling pressure.

· After December: Over time, institutional investors may gradually enter the market."

(Source Link)

Related tags

Ethereum Spot ETF

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.