Several major financial institutions, including BlackRock, Fidelity, VanEck, and Grayscale, have submitted updated S-1 filings for their proposed spot Ethereum ETFs to the SEC. The filings reveal competitive fee structures, with Franklin Templeton setting a fee at 0.19% and VanEck at 0.20%. Bloomberg ETF analyst Eric Balchunas noted that the SEC is expected to review these filings, with a potential launch date for the ETFs around July 2nd. This development has generated significant anticipation in the market, with analysts projecting strong inflows into Ethereum, potentially between $10 billion and $20 billion. Additionally, Fidelity has made a $4.7 million seed investment in its spot Ethereum ETF.