The SEC just approved the Spot

#Ethreum ETF to all 8 applicants.

What's next?

3 things you need to know about spot

$ETH ETF.

1/ The trading doesn't start tomorrow.

The SEC just approved the 19b-4 filling

and there is an S-1 that would take

time.

According to Bloomberg analyst James

Seyfartt, it would take a couple of

weeks or more.

2/ Why did spot #Bitcoin  ETF start

trading after it got approved?

The reason behind this is simple. The

SEC has been working closely with

the applicants closely that they've

approved the S-1 filling before they

approved the 19b-4 filling.

This makes the spot $BTC ETF to start

trading the next day.

With spot $ETH ETF, the SEC just

started working with the applicants

a few weeks back.

3/ Spot $ETH ETF is riskier than spot

$BTC ETF.

Galaxy Digital predicts that the spot

#Ethreum ETF will get listed on

exchanges on July or August.

The DApps that are built on top of

Ethereum will prolong the approval

and listing of the funds.

The DApps could also be the reason

for the long S-1 process