Golden Finance reported that Katherine Dowling, chief business officer of Bitwise, said that the spot Ethereum ETF is "close to the finish line", while noting that the SEC is "very welcome" to discussions about other products. Dowling told Bloomberg that the SEC and ETF issuers have fewer and fewer issues to resolve in each S-1 amendment, indicating that the release date of both parties is getting closer. Dowling affirmed SEC Chairman Gary Gensler's statement that the agency will fully approve the issuer's registration statement in the summer, but gave an open time frame. Dowling said Bitwise intends to distinguish itself from other applicants, including giants such as BlackRock and Fidelity, as a "crypto expert" who has focused on the field for many years. Bitwise submitted its latest amendment on July 3, while many other applicants submitted amendments before the July 8 deadline. Applicants must still add certain details in future amendments, including sponsor fees.