Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»SEC tells issuers of spot Ethereum ETFs to file first round of S-1 draft forms by Friday: Sources
ADOPTION NEWS

SEC tells issuers of spot Ethereum ETFs to file first round of S-1 draft forms by Friday: Sources

By Crypto FlexsMay 30, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC tells issuers of spot Ethereum ETFs to file first round of S-1 draft forms by Friday: Sources
Share
Facebook Twitter LinkedIn Pinterest Email
Funding • May 30, 2024 1:06 PM EDT

Posted 5 minutes ago In ~

march to take a seat Ethereum ETH

+1.69%
With all eyes on the S-1 form, ETFs approved for trading are doing well.

After the Form 19b-4 is approved on May 23, the only remaining step is for the Form S-1 to become effective before trading begins. However, because this approval occurred due to a last-minute change of direction by the SEC, Form S-1 was not prepared in advance. However, progress is now being made.

The SEC has asked issuers to submit draft S-1 filings by Friday, according to two sources familiar with the situation. The SEC will then provide its first opinion, which will likely lead to further amendments.

The day the ETF was approved, VanEck wasted no time filing a revised version of Form S-1. On May 30, BlackRock followed suit, detailing that it would allocate $10 million to ETFs.

But the details of the seed investment are fairly straightforward for issuers to include, a source told The Block. This suggests that other aspects of the form may take longer to process. They said they expect to go through at least two more draft submissions before the S-1 form is ready.

Analysts expect the S-1 to take several weeks to complete, and potentially months if the process moves slowly. However, some traders argue that the delay may be a good thing.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Tim is the editor-in-chief of The Block. Before joining The Block, Tim worked as a news editor at Decrypt. He holds a BA in Philosophy from York University and studied News Journalism at Press Association Training. X Follow him at @Timccopeland.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Crypto Whale Withdraws $1.8 Million USDC from Coinbase to Buy WIF and Viral Ethereum ICO – Blockchain News, Opinion, TV & Jobs

May 25, 2024

Sam Altman steps down as CEO of OpenAI and CTO Mira Murati has been appointed interim CEO.

December 5, 2023

Hedera and Algorand form alliance for cryptocurrency recovery.

January 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.