BlackRock Continues Ethereum ETF Progress Amid SEC Endorsement

Leading experts in the crypto field have responded with enthusiasm to this announcement. Eric Balchunas, an ETF analyst at Bloomberg, expressed optimism and indicated that while there may be a need for further improvements, it is possible for the launch to take place by the end of June. Balchunas emphasized that the likelihood of approval by July 4 is high, although an earlier date is unlikely.