According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas said that after BlackRock and Grayscale updated their documents, the US spot Ethereum ETF may be launched in June. Balchunas said that the spot Ethereum ETF may be launched at the end of June, which is "reasonable" and the possibility of launching in mid-June is "small." The latest listing date for the product is expected to be July 4.

Balchunas’ expectations are influenced by the timing of issuers’ S-1 statements. He commented on BlackRock’s May 29 amendment to its S-1, which he noted did not include fees and other important data, making it close to final. Grayscale also filed an S-3 amendment for its fund on May 30, updating the fund to explicitly prohibit staking. The two statements mark one of the last necessary steps before these funds can begin trading.