$ETH It's a "legitimate possibility" that ETH ETFs will debut in June
BlackRock updated its S-1 form for its Ether spot ETF, which analysts say is a "good sign" that issuers and the SEC are working on the ETFs' debut.
Ether Exchange Traded Funds (ETFs)
in the United States have a "legitimate chance" of debuting in late June, after BlackRock updated a key document needed for the launch, according to analysts.
On May 29, BlackRock updated its S-1 form for its iShares Ethereum Trust (ETHA) with the Securities and Exchange Commission nearly a week after the regulator approved its 19b-4 filing, both needing approval for the ETF to begin. to quote.
"Good sign. We'll probably see the rest soon." Bloomberg ETF analyst Eric Balchunas said in a post on X on May 29.