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SEC Mandates Friday Deadline for Spot Ethereum ETF Issuers

The post SEC Mandates Friday Deadline for Spot Ethereum ETF Issuers appeared first on Coinpedia Fintech News

The SEC has instructed the issuers of spot Ethereum ETFs to submit their newly amended S-1 forms by Friday. This order follows the SEC’s approval of the 19b-4 forms on May 23, marking an important milestone in the ETF launch process. Once the S-1 forms become effective, trading can commence. Despite the tight timeline due to a last-minute change, issuers like VanEck and BlackRock have already submitted their drafts. Analysts predict the S-1 review process will take a few weeks to several months, depending on the promptness of SEC feedback and subsequent amendments.

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