Spot Ether ETF to Follow First US Bitcoin ETF in Q2 2024

Hashdex Predicts 50 Trillion Dollar Market with Bitcoin and Ether ETFs

Hashdex anticipates the debut of the first spot Bitcoin ETF in the US by Q2 2024, followed by a spot Ether ETF. The company, among 13 asset managers seeking SEC approval, notices the shift from ‘if’ to ‘when’ for Bitcoin ETFs.

Analysts suggest a 90% chance of approval by Jan. 10, 2024, but note a gap between approval and launch. Hashdex predicts widespread interest in Bitcoin and Ethereum ETF, potentially unlocking a $50 trillion market.

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