The U.S. Securities and Exchange Commission (SEC) may approve the Ethereum ETF as early as July 4th. Negotiations between asset management firms and regulatory agencies have entered the final stage, with eight asset management companies including BlackRock and VanEck seeking approval. The process of amending the prospectus is nearing completion, with only the final touches remaining. ETF analyst Eric Balchunas predicts the earliest approval date to be July 2nd.

Industry executives and other participants revealed that the U.S. Securities and Exchange Commission (SEC) may approve Ethereum ETFs as early as July 4th, as negotiations between asset management companies and regulatory agencies have entered the final stage. Asset management companies including BlackRock, VanEck, and eight others are seeking SEC approval for these funds. They stated that the process of amending the prospectus has progressed to only needing to resolve "minor" issues. A lawyer working with one of the issuing companies also mentioned that it is just the "final touch-up," and approval may not exceed one to two weeks. ETF analyst Eric Balchunas previously anticipated approval as early as July 2nd.