SEC Comments Delay Spot Ethereum ETFs Launch

The anticipated launch of spot Ethereum ETFs in the United States, which was originally expected to happen in early July, has been delayed due to the Securities and Exchange Commission (SEC).

According to analysts from Bloomberg who specialize in ETFs, the SEC has taken additional time to review and give feedback on S-1 forms submitted by potential spot Ethereum ETF issuers.

This has caused the expected launch to be pushed back to mid-July at the earliest.

The SEC has requested resubmissions of the forms by July 8, and it is estimated that the ETFs could be launched sometime between mid-to-late July.

Although there is still uncertainty surrounding the exact timeline, the SEC has indicated that the launch could happen this summer.