#SECETFApproval The Securities and Exchange Commission asked prospective issuers to respond to comments and re-file amended S-1 documents before the end of July, two people familiar with the matter told CoinDesk.

Technically, the SEC has until October 10 to approve or deny such a fund, but it seems want to accelerate the process and approve one or more of the funds way ahead of that deadline, one of the individuals said.