During a recent hearing held by the Senate Appropriations Subcommittee on Financial Services, US Securities and Exchange Commission Chair Gary Gensler mentioned to Senator Bill Hagerty that the agency is anticipated to approve S-1 forms for spot Ethereum exchange-traded funds (ETFs) at some point this summer. The SEC's unexpected approval of listing and trading eight Ether ETFs by greenlighting their respective rule changes marked a significant development. However, the approval process involves multiple stages. Before Ethereum ETFs can become operational, they need to overcome another regulatory hurdle which awaits approval of S-1 registration forms containing detailed information about the offerings intended for the public. In a recent move, the SEC requested updated S-1 forms from potential issuers, prompting anticipation for potential changes in the upcoming amended filings. Speculation from ETF analysts and experts like Nate Geraci and James Seyffart adds to the excitement surrounding the impending launch of Ethereum ETFs. JPMorgan's forecast on the relative popularity of Ethereum ETFs compared to Bitcoin ETFs also provides valuable insights into market expectations. While Ethereum ETFs are poised for a debut this summer, Bitcoin ETFs have already witnessed substantial inflows, with notable funds like Fidelity's Wise Origin Bitcoin Fund leading the way.