Trading is set to begin on July 23 for the newly SEC-approved spot Ethereum (ETH) ETFs

The approval process required issuers to finalize their S-1 documents by Wednesday, July 17, allowing the ETFs to debut on July 23. These new financial products are anticipated to attract substantial investment, with projections estimating inflows of up to $5 billion within the first six months and potentially up to $20 billion within the first year.

According to a recent report by Bybit, market trends and trading signals across spot trading volume, futures, options, and perpetual contracts show a growing bullish sentiment toward ETH compared to Bitcoin (BTC). This sentiment is reflected in ETH’s sustained volatility premium over Bitcoin, even amidst the recent market activity and sell-off. 

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