PANews reported on July 4 that Bloomberg analyst James Seyffart tweeted that Bitwise Invest has again submitted a revised Ethereum ETF S-1 form, and more issuers are expected to submit the form this week. Analysts believe that Ethereum spot ETF products may be listed later next week or during the week of July 15.
Another Bloomberg analyst, Eric Balchunas, commented: "No one really knows why the SEC is taking so long to process these forms. Given so few comments, the listing should be quick. But there may be some "problem" that slowed down the process, or people are just on vacation in the summer. But all signs point to the listing this month, and more details will be revealed next week."
