Insiders: Ethereum spot ETF issuers may respond to SEC comments before Friday

2024-06-19 08:17:03

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According to ChainCatcher, The Block reported that two insiders revealed that the proposed Ethereum spot ETF issuer received comments on the S-1 filing from the U.S. SEC last week and plans to submit a response by this Friday. A source from one of the issuers stated that the latest round of comments is "reasonable" and is expected to be approved soon.

Another insider mentioned, "I expect someone will submit the documents soon this week, and then we'll see how many more rounds of applications are needed."

In May of this year, the Ethereum spot ETF 19b-4 form was approved, after which the issuer submitted the first round of S-1 drafts. SEC Chairman Gary Gensler stated that the approval timeline for the S-1 will largely depend on how quickly the issuer responds to the SEC's feedback.

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Ethereum spot ETF US SEC S-1 filing

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