);)
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler left a positive message on the approval process for the Ethereum (ETH) spot exchange-traded fund (ETF). Chairman Gensler attended the Bloomberg Investment Summit on the 25th and when asked about the Ethereum spot ETF, he said, “The approval process is very smooth,” and “The exact market launch date is not yet known.”
2. “More than 1.4 trillion won outflowed from U.S. Bitcoin spot ETF over 10 days.”
It was revealed that the Bitcoin spot exchange-traded fund (ETF) in the United States recorded net outflow for 10 consecutive days, and the outflow during that period exceeded $1 billion (approximately KRW 1.391 trillion). According to data released by financial data platform Farside Investor on the 25th, a number of Bitcoin spot ETFs, led by Fidelity's GBTC, recorded a net outflow of funds, and on the 24th (local time), no Bitcoin spot ETF recorded a net inflow. failed to record.
3. Van Eck submits Ethereum spot ETF ‘8-A’ to SEC… Will it be released in July?
Van Eck submitted securities registration application '8-A' to the SEC on the 25th, raising the opinion that approval of the Ethereum spot ETF will be achieved in early July. 8-A is a required document that companies issuing certain securities must submit to the SEC, and is classified as the last document for ETF applications. ETF researcher Eric Balchunas pointed to VanEck's 8-A submission and analyzed that the market launch of the Ethereum spot ETF will take place within a week.
Reporter Seungwon Kwon ksw@
