🎉 Spot Ether ETFs have been given the green light for their 19b-4 filings! If the US securities regulator follows the Bitcoin ETF timeline, we could see these funds launching as early as mid-June. But don't hold your breath, the S-1 approval process could take up to five months. 😅

Bloomberg ETF analysts are optimistic, with one even suggesting a mid-June launch is "certainly possible". However, there's a small chance that one of the five SEC Commissioners could challenge the decision within the next 10 days. But hey, let's not rain on our parade.

If the S-1s get signed off, Ether ETFs could see 10-20% of the flows that Bitcoin ETFs have seen. That's a potential $2.66 billion! But let's not count our chickens before they hatch. Stay tuned for more updates! 🚀