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With the Ethereum ETF set to debut next week, the market is waiting to see how its impact compares to that of Bitcoin. Indeed, BTC became the first crypto to get spot ETF approval in the United States, breaking the US Securities and Exchange Commission’s (SEC) rejection streak in January. There is no denying the impact that Bitcoin had on the market after its debut. Just three months after launch, the leading crypto surged to a $73,000 price, setting a new all-time high mark. Yet, one expert predicts that the upcoming crypto ETF could actually be more impressive. Source: Watcher.Guru Also Read: Ethereum ETFs Expected to Officially Launch July 23 Ethereum ETF to Have a Bigger Impact Than BTC? Earlier this month, Kraken’s head of strategy, Thomas Perfumo, told Bloomberg that Ethereum’s ETF was a “rising tide lifts all boats,” situation. He reinforces the importance of the arrival, and what it means for crypto. Now many have wondered if the Ethereum ETF could ...

With the investment product nearing arrival, 21Shares has officially filed its updated S-1 form for its Spot Ethereum ETF. The crypto investment firm is the second issuer to take the step, following asset manager VanEck’s updated S-1 being filed earlier today. Now, all eyes are on the US Securities and Exchange Commission (SEC). The amended filings have led many experts to predict the ETH ETF to launch at some point within the next two weeks. Moreover, the market expects all issuers to follow 21Shares and VanEck in submitting the updated filings. JUST IN: 21Shares files updated S-1 for its spot Ethereum ETF. — Watcher.Guru (@WatcherGuru) July 8, 2024 Also Read: 21Shares Officially Files for Spot Solana ETF 21Shares is Second Issuer to Submit Update S-1 for ETH ETF 2024 has seen two crypto-based ETFs receive approval in a landmark year for the crypto market. Now, the second is nearing its official launch, as 21Shares has become the second prospective issuer to submit an updat...