Bloomberg analyst predicts June launch date for spot ETH ETFs
Eric Balchunas, a senior Bloomberg ETF analyst, has predicted that the launch of spot Ethereum ETFs could occur by late June.
The latest forecast follows BlackRock’s recent amendment to its Form S-1 filing for the iShares Ethereum Trust, submitted to the Securities and Exchange Commission (SEC) on May 29.
This update came nearly a week after the SEC approved BlackRock’s 19b-4 filing, both essential steps for the ETF to commence trading.
“Good sign. [Probably] see rest roll in soon,” Balchunas stated in a May 29 X post.
Balchunas indicated that there might be another round to “fine tune” SEC comments, but he considers an “end of June launch [a] legit possibility.” However, he maintained his approval odds for around July 4, noting that an earlier approval would be a “long shot.”
Good sign. Prob see rest roll in soon. Then prob one more round of fine-tune comments from Staff. End of June launch a legit possibility altho keeping my o/u date as July 4th
