Katherine Dowling emphasized that there are currently few issues left between the SEC and issuers regarding the S-1 form of documents. However, she declined to predict a specific date for ETF-ETH approval, recalling that SEC Chairman Gary Gensler promised to register exchange-traded products in the summer.
“Everyone has their own definition of summer. It’s been a long, hot summer for issuers, but the ETH ETF registration process is in the home stretch,” Dowling said.
A Bitwise representative noted that the regulator takes a constructive position on the issue of discussing exchange-traded funds that are not directly related to Bitcoin and Ethereum. According to her, the communication between Bitwise representatives and the regulator regarding the prospects for launching an ETH-ETF was generally friendly.
Earlier, Bloomberg Intelligence senior analyst Eric Balchunas said that the launch of spot Ethereum ETFs will likely take place on July 18, 2024.
Source: Bits
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