Bitwise's COO said the Ethereum ETF is about to be approved, and the U.S. Securities and Exchange Commission (SEC) is also quite open to other new funds.

The COO told Bloomberg that the SEC and ETF companies did not raise many questions in this S-1 amendment, indicating that the launch of the ETF is almost completed.

She thinks SEC Chairman Gary Gensler is right that the SEC will give a full nod to these issuers to start selling ETFs in the summer.

However, she also said that everyone has a different understanding of summer, and for those issuers who are waiting, this summer feels particularly long.

The COO also said that they want to differentiate themselves from other companies, such as BlackRock and Fidelity, and position themselves as the kind of Crypto, and they want to continue to focus on this field in the future.

They submitted the latest amendment on July 3, and other companies also submitted updates before July 8.

She also revealed that they have talked to the SEC about some upcoming new products. She thinks that the SEC should like these new product ideas they proposed.

But she also agreed with an analyst's point of view that some products may have to wait for the SEC to change new leaders before they can be approved.

Otherwise, she added, it would take a long time to launch these new products, based on the approval of previous products and the fact that some products may not have much market prospects.

She did not specify what these products are. Currently, there are other companies waiting for approval of spot Crypto ETFs, such as VanEck and 21Shares' spot Solana (SOL) ETF.

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