Ethereum spot ETF is expected to be approved on July 2

Markus Thielen, CEO of Research, said in a post on X that

The Ethereum spot ETF may be approved at any time now and is expected to be launched next week.

VanEck CEO met with US SEC officials on Monday and has submitted its Ethereum spot ETF application 8-A form.

VanEck submitted the 8-A form seven days before the Bitcoin ETF was approved.

Based on this time, it is speculated that the Ethereum ETF may be approved next week on July 2.

VanEck's Bitcoin ETF asset management scale is $600 million. It is generally expected that the Ethereum ETF will attract about 15-20% (US$14 billion) of the Bitcoin ETF's fund volume$BTC $ETH $BNB