Galaxy Digital: Spot Ethereum ETF may start trading in July or August

Media reports indicate that a report released by Galaxy Digital predicts that the spot Ethereum ETF will be listed on the exchange in July or August. These funds take several months from potential approval to official launch, which is a stark contrast to the relatively quick listing of Bitcoin ETFs. Before shares of the spot Ethereum ETF change hands, regulators must approve two types of documents: 19b-4s (proposed rule change forms) and S-1s (registration statements). After the report was released, the US SEC approved eight 19b-4 documents for spot Ethereum ETFs at once, with trading likely to begin several weeks later.