As major issuers update their S-1 documents, market expectations for the approval of the Ethereum spot ETF before July 18 have increased significantly. This development not only includes updated filings from BlackRock and others, but Bloomberg analysts also predict that final approval of these ETFs may be imminent. Affected by this, the price of Ethereum has risen by more than 5% in the past 24 hours.
Although some potential issuers such as Grayscale and 21Shares have not disclosed fee details in their update documents, and the Invesco Galaxy Ethereum ETF has not yet submitted an S-1 form update, ETF Store President Nate Geraci expects that Invesco Galaxy's update will be made public soon.