According to multiple sources, spot Ethereum ETFs trading is expected to begin on Tuesday, July 23. Eric Balchunas, Bloomberg's senior ETF analyst, has announced the launch date on social media.
Balchunas has stated the SEC has requested the final S-1 filing by Wednesday, with a possible approval to launch on Tuesday.
Wall Street giants such as BlackRock and Fidelity have been working with the SEC to launch their spot Ether ETFs and have been making progress since the regulator approved key filings in May.
However, before these products can trade on the exchanges, the SEC must also approve their S-1 filings.