Bloomberg ETF analyst James Seyffart previously stated that he and his colleagues believed that with the improvement of the application process, the spot Ethereum ETF may be launched around July 15th. However, he now expresses "lack of confidence" in the launch of the Ethereum ETF at this time, and also adds that there is currently no official approval schedule, and the financial department of the US Securities and Exchange Commission is "spending time" approving each fund. However, another Bloomberg ETF analyst, Eric Balchunas, believes that all signs indicate that "the Ethereum ETF will still be launched this month", such as Bitwise being able to modify its application earlier than the expected deadline of July 8th for itself and other applicants.
Bloomberg ETF Analyst: Currently Feeling "Lack of Confidence" About Launching Ethereum ETF Around Ju
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