Bitwise has revised the S-1 form for its Ethereum (CRYPTO:ETH) ETF just before the deadline, signaling readiness for the final steps.

Analysts now predict a potential launch in mid-July as the SEC's approval processes near completion.

Expectations are high within the investment community, as the approval would mark a significant milestone in cryptocurrency ETFs.

Everyone involved is keeping a close watch on the SEC's next move.

The updated S-1 indicates Bitwise's confidence in meeting regulatory standards and readiness to enter the market.

This could pave the way for a new wave of Ethereum-related financial products. In summary, Bitwise's proactive update to the S-1 form reflects its preparedness and the broader anticipation of a mid-July launch, pending an imminent SEC decision.