In a recent update on X platform, Bloomberg ETF analyst Eric Balchunas stated that “VanEck has just submitted an 8-A form (securities registration application) for a spot Ethereum ETF, which is just part of the process, but it’s worth noting that they submitted an 8-A form for a spot Bitcoin ETF exactly 7 days before its launch. This is a positive sign for our prediction on July 2nd (7 days from now), but then again, anything is possible. We will definitely hear more news soon.”