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Sources: spot ethereum ETF S-1 file changes minor, but at least another round of revisions likely

Sources: spot ethereum ETF S-1 file changes minor, but at least another round of revisions likely

Bitget2024/06/26 17:18
ETH-0.79%

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."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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