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Spot Ethereum ETF Launch Likely Set for July 15

Spot Ethereum ETFs are expected to launch in mid-July, with Bitwise amending its S-1 registration prior to a July 8 deadline. Analysts believe that final approval from the SEC will be granted by July 15, following the agency’s recent rule change approvals. There is growing optimism that these ETFs will attract substantial institutional investment, potentially driving billions of dollars into the Ethereum market. Traders anticipate that the launch of spot Ethereum ETFs could result in Ethereum outperforming Bitcoin in the coming weeks. It is important to note that this information is not investment advice and individuals should conduct their own research before making any investment decisions.