Author: Elena RElena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 31, 2024 10:52
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
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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