With the official submission of the revised S-1 registration statement by BlackRock, the world’s largest asset management company, Bloomberg ETF analyst Eric Balchunas speculates that the Ethereum spot ETF will be launched on July 4th.
(Previous summary:
Opinion: Will the Ethereum spot ETF approval lead to the altcoin season frenzy?
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(Background supplement:
Ethereum ETF cleared: Securitize ensures the security of tokenized assets, more financial institutions will enter the RWA market
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Table of Contents
BlackRock submits revised S-1 document
Bloomberg analyst: Ethereum spot ETF to be launched on July 4th
Discus Fish prediction: S-1 document to be approved in mid-June
In the early morning of the 24th, the U.S. Securities and Exchange Commission (SEC) officially approved the 19b-4 documents (exchange rule changes) of eight Ethereum spot ETF issuers. However, the official listing and trading still require the approval of the S-1 registration statement, which experts previously estimated could take several weeks to months.
Yesterday (29th), BlackRock, the world’s largest asset management company, officially submitted the revised S-1 registration statement, disclosing the stock code as ETHA. The current seed funding is $10,000,000, which can be seen as a positive signal:
As for how long it will take for the Ethereum spot ETF to be listed, Bloomberg ETF analyst Eric Balchunas gave his prediction on the X platform yesterday:
In addition, although Bloomberg ETF analyst James Seyffart did not provide a listing date prediction, he stated that BlackRock’s updated S-1 document almost confirmed market expectations, as it indicates that issuers and the SEC are working to launch the Ethereum spot ETF.
Furthermore, according to a previous report by Dongqiudi, Discus Fish, the founder of digital asset custody solution provider Cobo, predicted on the X platform on the 24th that the S-1 document for the Ethereum spot ETF may be approved in mid-June, which is not far from the timeframe given by Eric Balchunas:
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Bloomberg Analyst: Ethereum Spot ETF Expected to Launch on 7/4, BlackRock Files Revised S-1 Document
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