SEC Postpones the Approval of Ethereum ETFs
30.06.2024 6:00 1 min. read Alexander Stefanov
The U.S. Securities and Exchange Commission has returned the Forms S-1 to potential issuers of the Ethereum ETF after reviewing them.
According to a source familiar with the matter, the forms were returned with minor comments and issuers have until July 8 to fix them and resubmit them.
The move indicates that it will take at least one more round of filings before ETFs can begin trading.
The Forms S-1 represent the second phase in the ETF approval process, following the approval of issuers’ Forms 19b-4 earlier in May.
Unlike Forms 19b-4, there is no specific deadline for filing S-1s, so the timeline depends on the speed of processing by the SEC.
Initial expectations for a July 4 ETF launch fell through, and issuers are awaiting further guidance from the SEC on when final documents will be filed.
SEC Chairman Gary Gensler has already hinted at possible approvals over the summer, but specifics remain unclear.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
3
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
4
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read -
5
Grayscale Targets Solana ETF Launch, Staking Rewards Excluded
05.04.2025 9:00 2 min. read
Crypto Expert Shares Top Strategies for Spotting High-Potential Altcoins
As Bitcoin (BTC) regains stability and altcoins begin to show signs of life, investor optimism is once again on the rise.
From $173 to $224,000: One Trader’s Wild Solana Memecoin Win
In one of the memecoin success stories of the year, a Solana-based trader has turned a $173 investment into over $224,000, thanks to a viral rally in the obscure token TROLL.
Bitcoin Surge Fuels XRP Comeback Hopes
Bitcoin’s recent surge above has reignited enthusiasm across the crypto market, lifting not just the leading cryptocurrency but also signaling a broader altcoin revival.
Ripple to Unlock 1 Billion XRP as Price Struggles to Keep Momentum
Ripple Labs is preparing for another large-scale XRP release, set to occur on May 1, when 1 billion tokens—currently valued at around $2.1 billion—will be unlocked from escrow.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
3
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
4
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read -
5
Grayscale Targets Solana ETF Launch, Staking Rewards Excluded
05.04.2025 9:00 2 min. read
