Bloomberg Analyst: Spot Ether ETFs May Come to Market Later Next Week or Week of July 15

Bloomberg analyst James Seyffart posted on the X platform that seeing as Bitwise Invest filed another revised Form S-1 for its ethereum ETF, and with more other issuers expected to file the form for the rest of the week, we believe that the spot ethereum ETF product could be available later next week or the week of July 15th. Another Bloomberg analyst, Eric Balchunas, commented: "No one really knows why the SEC is taking so long to process these forms, and considering how few comments there have been, the listing should trade very quickly, but it could be that one of the "problem" issuers is slowing down the process, or it could just be summer laziness/people being lazy. Or just lazy summer/people on vacation, not sure. That said, all signs point to a listing this month, with more details to be revealed next week".