🇺🇸 U.S. spot ETH ETFs delayed; SEC asks for resubmission of S-1 forms by July 8

The U.S. Securities and Exchange Commission (SEC) has asked prospective spot Ethereum exchange-traded funds (ETFs) issuers to re-file their S-1 forms by July 8.

This would delay the launch of the Ethereum ETFs to mid-July or later, pushing it from its expected launch date of July 2. SEC chief Gary Gensler told the senate last month that spot ETH ETFs will be approved ‘this summer.’

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