📢SEC Delays Ethereum ETF Launch📊

🚀 The launch of spot Ethereum ETFs has been postponed as the SEC requested revisions on the S-1 forms, initially expected by July 2. Issuers now need to address the SEC's comments and resubmit by July 8, potentially pushing the launch to mid-July or later. ⏳ Despite predictions of a 14-21 day approval window, the exact timeline remains uncertain. 🤔 SEC Chair Gary Gensler mentioned that approvals could occur this summer and stated the process is "going smoothly." 🌞 Major issuers like BlackRock, Fidelity, and others are preparing for listings, with their timelines dependent on how quickly they respond to the SEC's requests📈

🔍Crypto Scouts news team

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