According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas said that the first batch of spot Ethereum ETFs will be launched soon, which will pave the way for more crypto ETFs, and more such products based on Ethereum and Solana are expected to appear.

Earlier today, Eric Balchunas said: "It is understood that the SEC finally responded to the issuer today, asking them to return the final S-1 document (including fees) on Wednesday, and then apply for effectiveness after the close of Monday so that it can be issued on Tuesday, July 23."