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CryptoIntelligence 2024-06-30 20:52:38

SEC Delays Launch of U.S. Spot Ether ETFs, Pushing Expected Release to Mid-July

SEC Delays Launch of U.S. Spot Ether ETFs, Pushing Expected Release to Mid-July

The launch of spot Ether exchange-traded funds (ETFs) in the United States, originally anticipated for early July, has faced delays by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has extended the review period for S-1 forms submitted by prospective issuers, pushing the expected launch to mid-July or later. “The SEC has taken additional time to return the S-1 forms,” Balchunas stated, indicating a delay beyond the initial July 2 target. The SEC has requested resubmissions by July 8, potentially postponing the ETF launch until mid-to-late July, as per

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