Prediction: When will the Ethereum spot ETF start trading?
Bloomberg ETF analyst James Seyffart: Within a few weeks
The S-1 approval for the Ethereum spot ETF could be completed in "a few weeks", but it could also "take longer" as the process usually takes up to five months.
Bloomberg ETF analyst Eric Balchunas: Mid-June
It is expected that the SEC will only have one round of comments on the S-1 amendment, similar to when the SEC provides feedback to spot Bitcoin ETF applicants, and this process will take about two weeks, that is, until mid-June.
Galaxy Digital: July or August
The Galaxy Digital report (published before approval) predicts that the spot Ethereum ETF may be listed on the exchange in July or August.
Given that Bitcoin started to rise after the listing of the Bitcoin spot ETF and hit a record high of around $73,000, most analysts have determined that ETH will rise sharply next.