Golden Finance reported that Galaxy Digital Asset Management Director Steve Kurz said that the U.S. Securities and Exchange Commission may approve a spot Ethereum ETF by the end of July and is optimistic about more cryptocurrency ETFs. Kurz said that approval is expected to be obtained within a few weeks rather than a few days and within a month. In addition, Galaxy has been working with the SEC for several months and pointed out that the company's upcoming spot Ethereum ETF is similar to its existing spot Bitcoin ETF (BTCO). Galaxy worked with investment management company Invesco to create these two funds.