According to Odaily, Nate Geraci, President of The ETF Store, recently shared his views on the potential launch of an Ethereum spot ETF. He suggested that there might be a series of revised S-1 files for Ethereum spot ETFs on Thursday and Friday. Based on the documents submitted by Bitwise yesterday, he believes there is nothing that should concern the U.S. Securities and Exchange Commission (SEC).
Geraci anticipates the launch of the Ethereum spot ETF before July 4. He also mentioned that he wouldn't be surprised if one or two issuers apply for a combined Bitcoin and Ethereum spot ETF around next week. His comments indicate a growing expectation for the introduction of cryptocurrency-based ETFs in the market, particularly those focused on Ethereum and Bitcoin.