GM, Bloomberg ETF analyst Eric Balchunas suggests a spot Ethereum ETF may launch on July 23rd. He tweeted that the SEC has replied to issuers, requesting final S-1 filings by Wednesday for a Monday effectiveness application, aiming for a Tuesday release, barring unforeseen issues. Interestingly, this coincides with a major Bitcoin conference attended by Trump, where cryptocurrencies are a key topic. Ethereum surged to a two-week high above $3425 on Monday but saw profit-taking after its rapid rise from $2800 in just ten days. Research firm Kaiko predicts the Ethereum ETF could enhance its performance relative to Bitcoin.