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Spot Ethereum ETF launch delayed by SEC comments

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The launch of spot Ethereum ETFs has been delayed by the SEC, with new comments pushing the timeline to mid-July or later. The SEC has requested resubmissions by July 8.

The SEC provided some feedback on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested they be resubmitted by July 8.

The launch of spot Ethereum ETFs, anticipated by market experts to occur next week, has been delayed by the United States Securities and Exchange Commission .additional time to return the S-1 forms submitted by prospective Ethereum ETF issuers, pushing the launch to mid-July or later.The SEC issued a few comments on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested resubmissions by July 8.

Unlike the 19b-4 forms, the S-1 forms are not bound to a specific deadline, leaving issuers reliant on the SEC’s timeline for review and approval.allowing major issuers, including BlackRock, Fidelity, 21Shares, Grayscale, Franklin Templeton, VanEck, iShares, and Invesco, to be involved in this process. Additionally, issuers like VanEckand may not happen until September.

 

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