Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources
Powered by @unfoldedProspective Ethereum ETF issuers are responding to comments received from the SEC and aim to submit revised S-1 forms by Friday.
The comments from the SEC were described as "light" and "reasonable" by sources.
Approval for the S-1 forms is expected soon, and analysts predict that Ethereum ETFs could see up to 20% of the flows that Bitcoin ETFs saw.
The launch of the Ethereum ETFs is currently estimated to be around July 2.