Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the joli-table-of-contents domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the astra domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6121 Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/news/wp-includes/functions.php:6121) in /var/www/html/news/wp-includes/rest-api/class-wp-rest-server.php on line 1896 {"id":19795,"date":"2024-02-27T10:24:20","date_gmt":"2024-02-27T10:24:20","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=19795"},"modified":"2024-02-27T10:24:22","modified_gmt":"2024-02-27T10:24:22","slug":"ethereum-etfs-on-the-horizon-will-sec-approval-spark-a-crypto-revolution","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/ethereum-etfs-on-the-horizon-will-sec-approval-spark-a-crypto-revolution\/","title":{"rendered":"Ethereum ETFs on the Horizon: Will SEC Approval Spark a Crypto Revolution?"},"content":{"rendered":"\n

The Anticipation Builds for Ethereum ETF Approval<\/h2>\n\n\n\n

In a recent development that has caught the attention of the cryptocurrency community, attorney Scott Johnsson has provided insights into the potential timeline for the U.S. Securities and Exchange Commission (SEC) to approve a spot Ethereum (ETH) Exchange-Traded Fund (ETF). According to Johnsson, there’s a possibility that the SEC could greenlight an Ethereum ETF as early as May 2024. If this ambitious timeline is not met, approval could be expected by mid-2025. This speculation is based on the SEC’s previous actions regarding spot Bitcoin ETFs, where the commission moved from initial comments on ETF registration statements to the amendment of S-1 forms within a remarkably short span. With a deadline for spot Ethereum ETFs looming in May 2023, the question on everyone’s mind is whether the SEC will mirror the expedited process it adopted for Bitcoin ETFs.<\/p>\n\n\n\n

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SEC simultaneously issued initial comment letters on issuers' BTC spot ETF reg statements on 9\/29\/2023. We saw amended S-1s show up about 2 weeks later… so about 90 days ahead of the Jan 10 deadline. We're now 90 days out from May 23rd deadline for ETH spot ETFs. pic.twitter.com\/BnVWLTIcZz<\/a><\/p>— Scott Johnsson (@SGJohnsson) February 23, 2024<\/a><\/blockquote>