Gabe

These guys get it right more often than not. Odds are the first set of forms will be approved and probably soon. That doesn't however mean the $ETH ETF is launching tomorrow. There are still a few more steps in the process that will likely take weeks/months to play out after which point trading can go live. In any case that quick wick to the downside is the reason why you should not place big bets going into events like these because even if you're right the short term volatility can do a good job of shaking you out regardless.