Issuers are rushing to submit Ethereum ETF filings, Bloomberg estimates listing by 7/18.

July 8 is the deadline for submitting Ethereum spot correction registration statement S-1, and various issuers have been submitting data. However, most of the fees that investors are concerned about have not been disclosed. Bloomberg ETF analyst Eric Balchunas speculates that the listing date may fall on July 18. ETH slowly rebounded above 3,000 yesterday.

We don't have a new over/under launch date yet because we haven't heard what the SEC's game plan is. Hope to hear soon. But if you forced me gun to head style to give my best guess for date I'd go with July 18th.

— Eric Balchunas (@EricBalchunas) July 8, 2024

Bloomberg's Eric Balchunas estimates a listing date of 7/18.

July 8 is the deadline for submitting Ethereum spot ETF registration statement S-1, and various issuers have submitted their information, although most of the fees that investors are concerned about have not been disclosed.

Bloomberg ETF analyst Eric Balchunas stated that the U.S. Securities and Exchange Commission (SEC) requires issuers to submit S-1 documents by July 8, but fee disclosure is not currently required. They will soon provide guidance to issuers on the issuance plan. Issuers will then make modifications based on this guidance, fill in the fees and other blanks, and then formally list and trade.

Balchunas said, "We haven't heard about the SEC's plans yet. But if I were to speculate on a listing date, I would choose July 18."

Most issuers have not disclosed fees.

ETF issuer Bitwise submitted the S-1 form for an Ethereum spot ETF last week before the U.S. Independence Day holiday, adding fee waivers for the first six months, with assets under management of up to $500 million, but did not disclose subsequent fees. VanEck had previously proposed fee waivers, with fees of 0.2% after the promotional period. Franklin Templeton, another issuer, offered 0.19%.

21Shares, BlackRock's iShares, Fidelity, Franklin Templeton, and Grayscale, which were updated yesterday, have not disclosed their fees.

ETH gradually recovers above 3,000.

Ether ETH, after experiencing a painful drop from $3,524 to $2,810 last week, gradually rose above 3,000 last night.