by approving rule changes. However, S-1 registration forms, which contain detailed information about the products, are still needed before they can go live. The SEC asked issuers for updated S-1 forms in late May, indicating that the process is still moving forward.Eric Balchunas, senior ETF analyst for Bloomberg, has predicted that the regulator could approve these forms by July 2. He noted that SEC staff recently sent issuers minor comments on the forms and asked for responses within a week.
UPDATE: we are moving up our over/under date for the launch of spot Ether ETF to July 2nd, hearing the Staff sent issuers comments on S-1s today, and they're pretty light, nothing major, asking for them back in a week. Decent chance they work to declare them effective the next…Nate Geraci, another ETF analyst, also sees this as a positive sign, suggesting that there is not much left to do before final approval.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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