Update ETH SPOT ETF.
The SEC is requiring issuers of the ETH SPOT ETF to file an amended S-1 today.
It will take several more weeks for the SEC to review and approve the S-1 application.
After the 19b-4 application was approved on May 23, the SEC needed to approve an additional S-1 application so that the ETH SPOT ETF could trade. And with the SEC turning the wheel in the last days, companies are not ready for S-1 applications. So far, things are going well, with both VanEck and BlackRock filing S-1 amendments.