Ethereum ETF Issuers to Reply to SEC Comments on S-1 Forms by Friday

According to two sources, the SEC provided comments to potential issuers for an Ethereum ETF last week on their S-1 forms, with a deadline of this Friday for them to complete their revisions and resubmit.

These issuers had already received approval for their 19b-4 forms in May, but the S-1 forms must also be approved before the ETF can begin trading, although there is no set deadline for this process.

Currently, the forms are being revised and resubmitted to the SEC for further comments until they are deemed ready.

One source from an issuer stated that the comments were reasonable and they are anticipating approval soon, while another source described the comments as minimal.

The second source predicts that more forms will be filed this week and there may be further revisions required.