Spot

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<ul class="news-points">
 <li>Crypto expert Nate Geraci predicts a spot Ether ETF could launch in the next two weeks.</li>
 <li>The SEC has requested changes to issuers’ S-1 filings, delaying approval.</li>
 <li>Ether’s price has dropped 20% since the initial ETF approval announcement.</li>
</ul>
Hopes for a spot Ether ETF remain high as Nate Geraci, President of ETFStore, reiterated his optimism about an imminent launch, even as issuers filed amended S-1 forms with the SEC on Monday.
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 Spot eth ETF S-1 amendments supposedly due tomorrow… How quickly will SEC turn these around? Again, main item I’m watching for is fees (which won’t be required w/ these amendments). Otherwise, assume issuers gearing up for launch in next week or two.— Nate Geraci (@NateGeraci) <a href="https://twitter.com/NateGeraci/status/1810100442388422792?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 7, 2024</a>
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In late June, the Securities and Exchange Commission returned the S-1 forms to issuers, requesting changes. While issuers were asked to resubmit by July 8, there are suggestions that there might be at least one more round of filings.
Notably, the S-1 forms represent the next step toward final approval of the spot Ether ETF, following the 19b-4 forms, which <a href="https://www.sec.gov/files/tm/lk87adfs99.pdf" target="_blank" rel="noopener noreferrer nofollow">the SEC approved in May 2024</a>. As the S-1 forms do not have a deadline, issuers are eage…
The post <a href="https://coinedition.com/ether-etf-countdown-sec-delays-spark-debate-but-launch-still-imminent/" rel="noopener noreferrer nofollow">Ether ETF Countdown: SEC Delays Spark Debate, But Launch Still Imminent</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ether ETF Countdown: SEC Delays Spark Debate, But Launch Still Imminent

Coin Edition

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