According to sources, because the last round of S-1 changes was so "minor," the SEC can contact issuers "at any time" to inform them of a fund's offering date. That said, issuers can expect little to no additional comment from the SEC. The launch date of a spot Ether ETF is entirely in the hands of the SEC, which can speed it up or slow it down as it pleases. A second source familiar with the ETH fund's filings noted that while the issuer has yet to receive additional comments from the SEC following the latest S-1 adjustments, there will likely be at least another round of comments. The source added: "The timeline for the launch is unclear, but we reasonably expect it to launch within the next two to three weeks."