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Mark your calendars! Five spot Ethereum ETFs, including via major names like Fidelity and VanEck, will officially launch on July 23rd. Cboe, the exchange where these ETFs will trade, confirmed this in new issue notifications published on Friday. Bloomberg analyst Eric Balchunas previously hinted that firms would "request effectiveness" next Monday, and his predictions about the July 23rd launch date have proven accurate.
Since hitting (most likely) the bottom last week, the BTC price climbed 14%, touching $66K before correcting down to ~$64K. This came amid a record nine-day streak of ETF inflows propelling its price upwards even as Mt. Gox selling pressure began to come online. Many believe Trump’s assassination attempt also boosted the market, aided by his announcement of crypto-supportive senator J.D. Vance to be his running mate.
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