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

BlockBeats news, on May 24, Shenyu said on the social platform, "Based on the experience of BTC ETF and public market information, the timeline of ETH ETF is as follows:

· May 23: ETH 19B-4 was unexpectedly passed, and market makers began to buy ETH spot to prepare for providing liquidity.

· Early June: S-1 may be passed. Referring to BTC ETF, it takes 2 weeks at the fastest, but the normal rhythm may take 3 months.

· Mid-June: After S-1 is passed, trading may start immediately 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 such selling pressure remains to be seen.

· December Months later: Over time, institutional investors may gradually enter the market. ”