Spot Ethereum ETF S-1 Approval Potential Date Announced,

Potential S-1 approval for spot Ethereum ETFs has become a hot topic in the crypto community. As a result, multiple industry experts have shared their insights on when the U.S. Securities and Exchange Commission (SEC) might approve it. ETF Prime podcast host Nate Geraci recently said that S-1 approval could come within a few weeks.

"When will the SEC approve the spot Eth ETF registration statement? *No one* knows the exact answer, but I expect it to be in the next few weeks. 2-3 months at most." In addition, Geraci believes that the approval process for spot Ethereum ETFs may be accelerated due to the rapid approval of the previous Bitcoin ETF.

Bloomberg senior ETF analyst Eric Balchunas also participated in Geraci's post. He proposed that the Ethereum ETF S-1 approval timeline may be around July 4, 2024. “July 4th feels like a good choice,” Balchunas said.

It’s fair to say that S-1 approval could take more than a month. While approval won’t be as fast as a Bitcoin ETF, it’s still too early given the debate surrounding Ethereum’s status and other regulatory implications. Therefore, the likelihood of spot Ethereum ETF trading starting next month is very low.

Seyffart highlighted a misconception that the approval of the 19b-4 and S-1 forms will happen at the same time, just like the approval of a spot Bitcoin ETF. Moreover, he clarified that SEC approval of these forms usually involves a minimum time interval before the actual launch of the product.