According to BlockBeats, the launch date of the Ethereum spot ETF is entirely in the hands of the Securities and Exchange Commission (SEC). This comes after the last round of S-1 modifications were deemed 'minor', allowing the SEC to contact the issuer at any time to inform them of the fund issuance date. This means that the issuer hardly expects any additional comments from the SEC.

A second source familiar with the ETH fund documents noted that although the issuer has not received more comments from the SEC after the latest S-1 adjustments, there could be at least one more round of reviews. The source added, 'The timetable for the launch is still unclear, but we reasonably expect it to be launched within the next two to three weeks.'