Delay with approval of Ethereum ETFS - expert opinions and market outlook
Delay with approval of Ethereum ETFS - expert opinions and market outlook
is there a delay in the approval of the Ethereum ETFs?
One of the latest discussions on the cryptom market concerns the approval of new crypto ETFs, whereby the Ethereum ETFs are expected to be approved first. Applications have already been submitted for Solana. However, it has now been announced that there could be a delay. This has far -reaching effects on the market and raises questions that the experts are now answering.
experts warn of possible delay in Ethereum ETFs
Nate Geraci, the president of the registered investment consulting company "The Etf Store", has announced that the approval of the Ethereum-Spot ETFs could be delayed. The CNBC Senior Analyst Bob Pisani also pointed out that the approval of the ETH ETFs could still be expected or next week.
However, the experts are concerned because the revised S-1 application for the Ethereum ETF from Vaneck was submitted five hours ago and Grayscale has already determined important appointments for the upcoming implementation. But the official approval is still pending.delay also for Solana ETFs?
The applications from Vaneck and 21shares for Solana ETFs were also submitted recently, which is optimistic about the market. According to the Bloomberg Senior ETF analyst Eric Balchunas, the final deadline for the Solana Spot ETFs could be in mid-March 2025, with the election date in the United States a decisive role.
What does this mean for the cryptom market?
The potential delay in the approval of Ethereum ETFs and the Solana ETFs raises questions and shows the uncertainty on the market. Investors must now maintain patience and wait for further developments to adapt their investment strategy.
- Nag
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