Sources revealed that the U.S. Securities and Exchange Commission (SEC) informed the issuer of the spot Ethereum ETF that trading can begin on July 23. The SEC has no further comments on the recently submitted S-1, and the final version needs to be submitted by Wednesday. Eric Balchunas, senior ETF analyst at Bloomberg, tweeted that the SEC finally responded to the issuer, asking them to submit the final S-1 form (including fees) this Wednesday, and then apply for effectiveness after the close of next Monday so that it can be launched on Tuesday (July 23). This is of course in the absence of unforeseen last-minute problems. (CoinDesk)