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Sources: ETH ETF Issuers Are Still Waiting For The SEC's First Round Of S-1 Comments

Mary Liu

Summary: According to The Block, two people familiar with the matter said that Ethereum spot ETF issuers are still waiting for SEC comments after submitting the first round of S-1 forms on May 31.  Issuers originally expected the SEC to comment on the drafts on June 7. However, at least two issuers have not received any ...

According to The Block, two people familiar with the matter said that Ethereum spot ETF issuers are still waiting for SEC comments after submitting the first round of S-1 forms on May 31. 

Issuers originally expected the SEC to comment on the drafts on June 7. However, at least two issuers have not received any feedback. A person familiar with the matter said they now expect a response this week.

Earlier, SEC Chairman Gary Gensler said that it would take some time to approve the S-1 form. It is unclear how long this process will take. A source previously said that they expect the S-1 form to go through at least two rounds of review before it is ready.

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