Ethereum Spot ETF Emerges BlackRock and Seven Others Submit Updated S1 Filings Former SEC Lawyer Raises an Underlying Concern

On June 21st, all eight Ethereum spot ETF applicants, including Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, BlackRock, and WisdomTree, submitted updated S-1 filings. Bloomberg ETF analyst Eric Balchunas reiterated last night that July 2nd will be the release date for Ethereum spot ETFs. The market is closely watching the progress of the S-1 registration statement for when the Ethereum spot ETF will be approved for listing by the US Securities and Exchange Commission (SEC). On June 13th, SEC Chairman Gary Gensler stated that he expects the SEC to approve the S-1 registration application for Ethereum spot ETFs “at some point this summer.”