Experts say spot Ether ETFs will begin trading on July 23.

The SEC is reportedly asking for final S-1 applications by Wednesday.

ETHE holders will receive shares of the ETH Trust at a 1-to-1 ratio.

Analysts believe that Ethereum ETFs will likely have a smaller market impact than Bitcoin ETFs did.

Until last week, analysts expected Ethereum spot ETFs to be approved by July 2.

VanEck filed an S-1 registration statement with the SEC to launch a spot exchange-traded fund investing in Solana.

The firm filed 19b-4 and S-1 forms with the SEC on June 7 and June 11.

Gensler accused crypto exchanges of trading against their customers.

The first 2x long Ether ETF launched on June 4, while the first 2x short Ether ETF will debut on June 7.

The filing comes a week after the SEC approved 19b-4 forms for eight spot Ether ETFs.