The SEC provided some feedback on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested they be resubmitted by July 8.
The launch of spot Ethereum ETFs, anticipated by market experts to occur next week, has been delayed by the United States Securities and Exchange Commission (SEC).
According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC took additional time to return the S-1 forms submitted by prospective Ethereum ETF issuers, pushing the launch to mid-July or later.
The SEC issued a few comments on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested resubmissions by July 8. According to Balchunas, this new timeline means the launch of the spot Ethereum ETFs could be postponed until mid-to-late July.