PANews reported on June 19 that James Seyffart, an ETF analyst at Bloomberg, said on the X platform: "Based on the documents submitted by Bitwise this time, it is unclear when these products (Ethereum current ETFs) will be launched. Additional updates may not be required, and adjustments may be required. But they need to be ultimately approved by the SEC. The launch time depends mainly on the SEC's decision. Bloomberg ETF analyst Eric Balchunas and I believe they should be launched before July 4."