#SEC #ETHETFS #Etf #EthereumETF #DeFi The Security Exchange Commission (SEC) of the USA, in the last few hours, would have exposed itself with the first comments on the S-1 forms sent by the issuers of the new ETH spot ETFs. The step is fundamental, given that it would kick off the process of initiating negotiations on new products.
The agency's preliminary approval concerned the 19b-4 forms of eight different issuers, while S-1 forms approval is still needed to actually see the ETFs on the market. According to Eric Balchunas, an analyst and point of reference in the sector for Bloomberg, the SEC would also have requested a response from the issuers within a week, which would bring the trading start date significantly closer (probably the following week), probably July 2. Playing the ETH spot ETF game are companies such as BlackRock, Fidelity and VanEck, all already involved in the BTC spot ETF world.