Asset manager Bitwise has filed an amended S-1 form for an Ethereum exchange-traded fund several days ahead of its July 8 deadline, likely indicating the products are nearly ready for launch.
"We've got another amended S-1 from @BitwiseInvest for their #Ethereum ETF," said Bloomberg ETF analyst James Seyffart in a post on X. "Expect more from other issuers throughout the rest of the week. We're thinking these things could potentially list later next week or the week of the 15th at this point."
"No one really knows why the SEC is taking their sweet time with these, given how light comments were, these could have easily been trading by now. Could be one 'problem' issuer slowing down process or just summertime lazy/ppl on vaca. Not sure," said Eric Balchunas, senior Bloomberg ETF analyst in a post on X. "That said, all indications launch still on for this month. More details to come next wk.
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