BroadChain Financial learned on June 15th that Bloomberg ETF analyst Eric Balchunas indicated that the expected launch date for the Ethereum spot ETF would be moved up to July 2nd.
It is rumored that SEC staff have provided brief comments on the S-1 to the issuer, with no major issues mentioned, and are requesting a response within a week.
It is highly likely that the SEC will announce approval next week and resolve the matter before the holiday.
Anything is possible, but this is the best guess for now. The previous predicted date was July 4th, so this is not a significant shift.
