The U.S. Securities and Exchange Commission (SEC) may approve the Ethereum ETF as early as July 4th. Negotiations between asset management firms and regulatory agencies have entered the final stage, with eight asset management companies including BlackRock and VanEck seeking approval. The process of amending the prospectus is nearing completion, with only the final touches remaining. ETF analyst Eric Balchunas predicts the earliest approval date to be July 2nd.