Shenyu predicts the Ethereum spot ETF timeline and market impact: S-1 may be passed in early June, and institutional investors may gradually enter the market after December

Golden Finance reported that Shenyu stated on the social platform that based on the experience of BTC ETF and public market information, the timeline for launching ETH ETF is as follows: May 23: ETH 19B-4 passed unexpectedly, and market makers began to purchase ETH spot. Prepare to provide liquidity. · Early June: S-1 may be approved. Referring to BTC ETF, it can take up to 2 weeks at the earliest, but the normal pace may take 3 months. · Mid-June: Trading may begin immediately after S-1 is approved, or within a few days. · June to December: In the early stage of listing, the main capital inflow may come from retail investors, accounting for 80-90% of the total funds; institutional users participate less. Considering that ETHE is similar to GBTC, the market may face some arbitrage and selling pressure. Whether it can withstand this selling pressure remains to be seen. · After December: As time goes by, institutional investors may gradually enter the market.