BlackRock has updated its S-1 filing for a spot Ethereum ETF, indicating progress towards a potential launch in June on Nasdaq. The firm disclosed a $10 million seed investment for the ETF. Grayscale, Franklin Templeton, and 21Shares have also filed amended S-1 applications for their respective Ethereum ETFs, with Franklin Templeton revealing a 0.19% fee. Cathie Wood, CEO of ARK Invest, noted that the approval of these ETFs is influenced by cryptocurrency becoming a U.S. election issue. Analysts anticipate that the Ethereum ETFs could begin trading by early July.