PANews reported on June 29 that according to The Block, a source said that the SEC has returned the S-1 form to potential Ethereum ETF issuers with a small number of comments, requiring them to process these comments and resubmit them by July 8. The source pointed out that after the form is returned, it will not be the final filing. This means that at least one more round of filings will be required before the ETF finally starts trading.