James Seyffart, an ETF analyst at Bloomberg, wrote on the X platform that he saw Bitwise Invest submit another revised S-1 form for its Ethereum ETF, and more other issuers are expected to submit the form in the rest of this week. We believe that the spot Ethereum ETF product may be listed later next week or the week of July 15. Another Bloomberg analyst, Eric Balchunas, commented: "No one really knows why the SEC took so long to process these forms. Considering that there are so few comments, the listing should be fast, but it may be that a "problematic" issuer has slowed down the process, or it's just lazy in the summer/people are on vacation, not sure. That being said, all signs point to the listing this month, and more details will be revealed next week."