Odaily Planet Daily News Bloomberg ETF analyst Eric Balchunas said that after BlackRock and Grayscale updated the documents, the US spot Ethereum ETF may be launched in June. Balchunas said that the possibility that the spot Ethereum ETF will be launched at the end of June is "reasonable". 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 affected by the timing of the issuer's S-1 statement. He commented on BlackRock's May 29 S-1 amendment, which he pointed out did not include fees and other important data-making it a close to final version. Grayscale also submitted an S-3 amendment for its fund on May 30, updating the fund to explicitly prohibit pledges. The two statements mark one of the last necessary steps before these funds begin trading. (CryptoSlate)