Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
Summary
Regulators are asking exchanges intending to list and trade shares of spot ether (ETH) exchange-traded funds to update their 19b-4 filings quickly, indicating a possible move to approve these applications before a crucial deadline. However, the approval of the ETFs is not guaranteed as issuers also need their S-1 applications approved before trading can commence. The U.S. Securities and Exchange Commission (SEC) could take an indefinite amount of time to approve the S-1 documents as there is no set deadline for this process.
