Bitwise filed its corrections to its spot Ethereum ETF application
Expectations for the start of spot Ethereum ETF trading are becoming increasingly positive and experts are of the opinion that it is only a matter of time before the final approval.
Bitwise, one of the potential Ethereum ETF issuers, has amended its S-1 filing and filed it with the US Securities and Exchange Commission (SEC), according to Bloomberg analyst Eric Balchunas .
These fixes have shipped earlier than expected, as this was supposed to happen by July 8th.
Balchunas, like many others, wondered why the SEC was taking so long to approve the S-1 filing, especially given the minimal adjustments the agency asked issuers to make.
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Binance removes 6 altcoin pairs from its trading platformIt's possible that one of the issuers is delaying the process, or it could end up being a problem in the administration of the US regulator - however, in the end, all indications point to approval as early as this month.
At the time of writing this article Ethereum is trading at $3,725 after a 4.26% correction in the last 24 hours and $14.6 billion in trading volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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