According to Reuters, sources revealed that as negotiations between asset management companies and regulators enter the final stage, the U.S. Securities and Exchange Commission (SEC) may approve the Ethereum spot ETF as early as July 4. The process of revising the issuance documents has made progress and resolved some "minor" problems.

According to Foresight News, Gary Gensler, chairman of the U.S. SEC, said that the process of launching the Ethereum spot ETF is progressing smoothly, but the specific timetable is unknown.