🎉🎉There is new development in the blockchain industry! According to Odaily Planet Daily, the U.S. Securities and Exchange Commission (SEC) has returned the S-1 form to an issuer that plans to issue an Ethereum spot ETF, and it also comes with some comments! 😮😮

The issuer was asked to process these comments and resubmit them by July 8. That is to say, at least one round of filings will be required before the ETF finally starts trading. 📝📝

Although this may make some people impatient, we must know that this is a normal regulatory procedure to protect the interests of investors. 👨‍💼👩‍💼

Although my attitude towards the market is neutral, I am optimistic about Bitcoin. 💰💰Nevertheless, the issuance of the Ethereum spot ETF is also something we should pay attention to. Let us look forward to more blockchain industry news together! 🎉🎉