Bitwise’s chief compliance officer Katherine Dowling says “fewer and fewer” issues in the S-1 filings are being pushed back and forth between the SEC and prospective ETF issuers.
A roster of eight spot Ether exchange-traded funds (ETFs) are inching closer to going live however an exact launch date remains unknown, says crypto asset manager Bitwise’s chief compliance officer Katherine Dowling.
“We're seeing in the S-1 amendments that there are fewer and fewer issues that are being vetted back and forth between issuers and the SEC,” Dowling told Bloomberg on July 9.
Form S-1s provide information about the issuer and the securities they intend to offer. Once approved, the products can launch.