The Ethereum ETF is "near the finish line", and the SEC maintains an open attitude towards the third cryptocurrency ETF

Bitwise Chief Compliance Officer Katherine Dowling stated that the issues in the S-1 file have been repeatedly scrutinized between the SEC and potential ETF issuers, and there are "fewer and fewer" problems. The list of eight Ethereum spot ETFs is about to go live, all signs indicate that we are nearing the finish line for issuance. Several Ethereum spot ETF issuers have signed their S-1 registration statements with the SEC and waited for six weeks. Bitwise Chief Investment Officer Matt Hougan speculated that Ethereum spot ETF could attract up to $15 billion in capital inflows within 18 months before trading opens - roughly equivalent to what Bitcoin Spot ETF attracted six months after its launch.

Dowling revealed that the U.S. Securities and Exchange Commission also has an open attitude towards discussions on non-Bitcoin and Ether products. "We've actually had conversations with the U.S. Securities and Exchange Commission about possible new product launches, I think our communication with SEC about these product prospects is very welcome." Dowling said "Some new products may need to wait for approval from a new chairman of US Securities Exchange Commission but it's a positive conversation." On July 8th, Chicago Board Options Exchange (CBOE) submitted an application on behalf of VanEck and 21Shares for Solana (SOL) ETF spot listing.