According to Foresight News, the U.S. Securities and Exchange Commission (SEC) returned the S-1 form to a potential Ethereum ETF issuer during its latest round of reviews last week. The S-1 form is the second step in the two-step process for ETF listing. The issuer's 19b-4 form, which is the first step, was approved on May 23. However, the S-1 form does not have a specific deadline, and the issuer must rely on the processing speed of the SEC.
