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CryptoIntelligence 2024-05-31 18:11:20

BlackRock’s Ether ETF Poised for Late June Launch, Analysts Say

United States spot Ether exchange-traded funds (ETFs) may launch by late June, according to analysts, after BlackRock updated a crucial filing. On May 29, BlackRock revised its Form S-1 for its iShares Ethereum Trust (ETHA) with the Securities and Exchange Commission (SEC). This follows the SEC’s approval of its 19b-4 filing, both required for the ETF to begin trading. “Good sign. [Probably] see rest roll in soon,” Bloomberg ETF analyst Eric Balchunas noted in a May 29 post on X. Balchunas mentioned that another round of adjustments to SEC comments is expected, but an “end of June launch [is] a

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