🔥Hot news! Bitwise submitted documents to the U.S. SEC on July 3, amending its S-1 registration statement for its Ethereum spot ETF in advance, including waiving fees for the first $500 million of trust assets in the first 6 months. 📄The document does not specify the specific launch date for listing and trading on the New York Stock Exchange Arca, but promises to start "as soon as possible" after the registration effective date. 🚀

🔍Previously, Bloomberg ETF analyst James Seyffart posted on the X platform that more issuers are expected to submit the form during the rest of the week. He predicts that the spot Ethereum ETF product may be listed later next week or the week of July 15. 📆

🎉This is good news for the Bitcoin market, as it may further promote the popularity and acceptance of Bitcoin. However, we remain neutral on the overall attitude of the market. Let's wait and see how this all develops! 💪