Bitwise Submits Revised S-1 Documentation for Its Spot Ethereum ETF to the US SEC
Bloomberg analyst James Seyffart stated on X platform that Bitwise has submitted a revised S-1 file for its spot Ethereum ETF to the US SEC. This will include changes after the first round of SEC comments and it is unclear if more rounds of comments will be required. The cost of the product has not been disclosed yet.
The analyst stated: "Based on this document, it is not clear when these products will be launched. They may not require any additional updates or they may need to be adjusted. However, they need final approval from the SEC and the release time depends mainly on the SEC. Eric Balchunas and I believe they should be launched before July 4th."
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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