**Spot Ether ETFs Near Launch: What to Expect**
Spot Ether (ETH) exchange-traded funds (ETFs) are on the brink of going live, with the SEC requesting final filings by July 16 for a potential launch on July 23. Bitwise’s Katherine Dowling highlighted that the ETFs are "closer to the finish line," indicating fewer regulatory hurdles.
While MV Global’s Tom Dunleavy predicts $5-10 billion in inflows post-launch, Binance CEO Richard Teng tempers expectations, suggesting initial impacts may be modest due to macroeconomic factors. However, Teng is optimistic about long-term institutional involvement, which could bring substantial capital influx over time.
The launch is seen as a milestone for Ethereum, enhancing its legitimacy and accessibility, similar to the impact of spot Bitcoin ETFs earlier this year.