(SEC) may approve ETF in mid-July. Although the market has speculated that approval may occur within July 4, the SEC has set the deadline for submitting updated documents as July 8, and the final S-1 document is expected to be due on July 12, and theoretically it may be released during the week of July 15. Communication with the regulator is considered constructive, although the specific approval time has not yet been determined.

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