PANews reported on June 19 that according to The Block, two people familiar with the matter said that potential Ethereum spot ETF issuers received comments on the S-1 form from the U.S. Securities and Exchange Commission (SEC) last week and planned to submit responses by Friday this week. A source from an issuer said that the latest round of comments was "reasonable" and they look forward to approval soon. In May of this year, the Ethereum spot ETF 19b-4 form was approved, and then the issuer submitted the first round of S-1 draft forms. SEC Chairman Gary Gensler said that the time to approve the S-1 form will largely depend on how quickly the issuer responds to the SEC's feedback.
