Fidelity has made changes to its S-1 filing for a spot Ethereum ETF, as revealed in documents submitted to the US Securities and Exchange Commission (SEC) on Friday. The asset management firm is the first to amend its S-1 Registration Statement with the SEC, suggesting that other firms may also be seeking approval to list spot Ether ETFs. Fidelity’s filing disclosed a $4.7 million seed investment for its ETF, with FMR Capital, an affiliate, purchasing 125,000 shares to initiate the funds’ basket. The filing also revealed that FMR bought the 125k shares at $38 per share, using the proceeds to purchase 1,250 Ether. While Fidelity disclosed the seed capital, it did not include details of the fees. Analysts believe that issuers may be waiting to see what others offer before disclosing their own fees. The SEC approved spot Ethereum ETFs in May, including applications from Fidelity, BlackRock, VanEck, Grayscale, Invesco Galaxy, Franklin Templeton, ARK 21Shares, and Bitwise. However, the approval of the form 19b-4s was only the first step, and approval of the S-1s is still needed before the ETFs can begin trading. SEC Chair Gary Gensler has indicated that he expects the Commission to approve the S-1s “in the summer,” with analysts suggesting that this could happen as early as July, possibly on July 2.