🚀Hold on to your hats, BTC enthusiasts! Bloomberg ETF analyst Eric Balchunas has predicted that the spot Ethereum ETF launch could be as soon as July 18! 📆 This comes after the SEC issued S-1 amendments, requiring companies to revise their registration statements and submit applications.

🔍In the latest round of amendments, Balchunas described the changes as minimal, with "nothing to see here" in two of the earliest filings. The recent S-1 and S-3 amendments relate to asset managers' ability to issue ETFs, differing from the 19b-4 filings that allow exchanges to list and trade these funds upon launch.

🌊VanEck kick-started the wave of amendments with an updated registration statement for its spot Ethereum ETF, now called The VanEck Ethereum Trust. 21Shares, Grayscale, Franklin Templeton, Fidelity, and BlackRock also jumped on the bandwagon with amended registration statements for their respective spot Ethereum ETFs.

🤔However, none of the filings disclosed the planned fees for the ETFs. Balchunas mentioned that the SEC had yet to mandate this information, hinting at a final round of updates, including fee details, before the launch. Then, "it's go time."

🔄Minor changes have been made in the recent amendments. VanEck's registration statement removed specific regulatory language regarding custody, while other minor changes reflect the SEC's stance on compliance within the crypto market.

🚫Notably, none of the applications before the SEC include plans for Ethereum staking, with some applicants preemptively removing related language from their proposals. So, keep your eyes peeled, BTC fans! The Ethereum ETF launch is just around the corner! 🎉