Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Spot Ethereum ETF Issuers Still Awaiting First S-1 Comments from SEC: Source
ADOPTION NEWS

Spot Ethereum ETF Issuers Still Awaiting First S-1 Comments from SEC: Source

By Crypto FlexsJune 11, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Spot Ethereum ETF Issuers Still Awaiting First S-1 Comments from SEC: Source
Share
Facebook Twitter LinkedIn Pinterest Email
Funding • June 10, 2024 7:15 PM EDT

Posted 5 minutes ago In ~

Promising site Ethereum ETH

-0.80%
ETF issuers are still waiting for the SEC to provide comments on the S-1 filing after submitting the first draft on May 31, according to two sources.

Issuers were expecting the SEC to provide comments on the draft on June 7, according to sources based on conversations with the SEC. But at least two issuers have yet to receive anything. A source said comments were now expected again this week.

This comes after SEC Chairman Gary Gensler told CNBC that approval of the S-1 form “will take some time.”

It’s unclear how long the process will take. A source previously told The Block that the S-1 form is expected to go through at least two more draft submissions before it is ready.

Preparing for Ethereum ETF launch

The S-1 form is the second step in a two-step process to activate a spot Ethereum ETF for trading. The first step was the approval of Form 19b-4, which occurred on May 23rd.

The draft document also provides some details. BlackRock is seeding a $10 million ETF, and Franklin Templeton plans to start with a 0.19% fee.

Once a spot Ethereum ETF is launched, a key question will be whether it can replicate the success of the spot Bitcoin ETF. Jag Kooner, head of derivatives at Bitfinex, estimates that spot Bitcoin ETFs will bring about 10 to 20 percent of the inflows.


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

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 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

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025
Most Popular

The first computing satellite named after Bayc was successfully released -Web3 Interstellar Computing

May 19, 2025

Portfolio construction for Q3: The reason for combining chainlink (link) and pol (EX-MATIC) can be a victory strategy.

June 13, 2025

Large U.S. tech giant invests heavily in generative AI despite data security concerns

April 4, 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.