Ethereum ETF June launch ‘legit possibility’ as BlackRock files S-1

BlackRock updated its Form S-1 for its spot Ether ETF, which analysts say is a “good sign” that issuers and the SEC are working on ETF launches.

United States spot Ether (ETH) exchange-traded funds (ETFs) have a “legit possibility” of launching by late June, according to analysts, after BlackRock updated a key filing necessary for launch.

On May 29, BlackRock updated its Form S-1 for its iShares Ethereum Trust (ETHA) with the Securities and Exchange Commission nearly a week after the regulator approved its 19b-4 filing — both need approval for the ETF to start trading.

“Good sign. [Probably] see rest roll in soon.” Bloomberg ETF analyst Eric Balchunas said in a May 29 X post.

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