At what time will the SEC announce its Ethereum ETF decision? Bloomberg Analysts Announced Their Predictions That They Considered Certain!

Ethereum investors and the entire cryptocurrency market. spot Ethereum ETF While waiting for the decision, the time when the decision will be announced is wondered.

While there is no clear information at this point Bloomberg ETF analyst Eric Balchunas said: He made a watch prediction, stating that he believes the SEC will approve ETH ETFs.

At this point, the SEC’s spotlight Bitcoin Balchunas, who made a prediction according to the ETF announcement time, TOTH estimates that the ETFs will be approved at 16:00 New Jersey time (08:00 UTC).

According to this ETH The ETF decision is expected to be announced at 23:00 ET.

Balchunas, SEC’s spotlight BTC Reminding that he announced his decision at 22:45 Turkey time, he estimated that the decision regarding the spot Ethereum ETF could be announced at 23:00.

Bloomberg analyst James Seyffart also stated that he agreed with Balchunas’ prediction. “There is no set time for the SEC to announce its Ethereum ETF decision, but the expectation will be around market close. It could also come late in the morning, but it doesn’t seem likely to me. “I can almost guarantee that this decision will come before 6pm tomorrow.” said.

As it is known, the SEC contacted the stock exchange and ETF issuers earlier this week, and Bloomberg ETF analysts increased the probability of ETH ETF approval to 75%. After this situation, ETH experienced a great increase.

The SEC will announce its decision on VanEck’s spot Ethereum ETF application today.

My best guess is we hear from the SEC around 4pm tomorrow. For spot btc they dropped it at 3:45pm, some others in past were slightly after 4pm. Anything poss tho https://t.co/MzTOcsmTnJ

— Eric Balchunas (@EricBalchunas) May 22, 2024

*This is not investment advice.