With the official submission of the revised S-1 registration statement by BlackRock, the world’s largest asset management company, Bloomberg ETF analyst Eric Balchunas speculates that the Ethereum spot ETF will be launched on July 4th.
(Previous summary:
Opinion: Will the Ethereum spot ETF trigger a frenzy of altcoins?
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(Background supplement:
Ethereum ETF approved: Securitize ensures security of tokenized assets, more financial institutions will enter RWA.
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Table of Contents:
BlackRock submits revised S-1 document
Bloomberg analyst: Ethereum spot ETF to be launched on July 4th
Discus Fish’s prediction: S-1 document to be approved in mid-June
The U.S. Securities and Exchange Commission (SEC) officially approved the 19b-4 documents (exchange rule changes) of eight Ethereum spot ETF issuers on the morning of the 24th. However, formal listing and trading still require the approval of the S-1 registration statement. Experts previously estimated that this could take several weeks to months.
Yesterday (29th), BlackRock, the world’s largest asset management company, officially submitted the revised S-1 registration statement and revealed in the document that the stock symbol is ETHA. The seed funding currently amounts to 10,000,000 USD, which can be seen as a positive signal.
As for how long it will take for the Ethereum spot ETF to be listed, Bloomberg ETF analyst Eric Balchunas provided his prediction on the X platform yesterday:
In addition, another Bloomberg ETF analyst, James Seyffart, did not give a specific listing date prediction, but stated that BlackRock’s updated S-1 document almost confirms market expectations because it indicates that the issuers and the SEC are working to launch the Ethereum spot ETF.
In addition, according to a previous report by Dongq, Discus Fish, the founder of digital asset custody solution provider Cobo, predicted on the X platform on the 24th that the S-1 document for the Ethereum spot ETF may be approved in mid-June, which is not far from the timeframe provided by Eric Balchunas:
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