The US SEC has authorized trading of spot Ethereum ETFs, issuers' S-1 forms have been approved.#Bloombergsenior ETF analyst Eric Balchunas reports:
“It's official: the SEC has launched Spot Eth ETFs. 424(b) forms are coming in, last step = all systems ready to go tomorrow at 9:30am. The game has begun"
Form 424(b) is a prospectus document that includes all necessary information about the offering of securities to potential investors.#TheBlockalso reports that Ethereum Spot ETF issuers' S-1 Forms will officially go into effect upon regulatory approval.
