Bloomberg analyst: Ethereum spot ETF approval is expected to be postponed until after July 8

Odaily News Bloomberg ETF analyst Eric Balchunas wrote on X that he expects the approval of the Ethereum spot ETF to be postponed until after the holidays. It seems that the SEC took extra time this week to respond to major ETF issuers (although only made minor adjustments). According to current information, everything needs to wait until the holiday ends on July 8, when the approval process will resume and the ETF will be approved for launch shortly thereafter. It is reported that Eric Balchunas previously expected approval to be as early as July 2.