Source: It is reasonable to expect that the Ethereum ETF will be launched in the next two to three weeks

Ethereum ETF issuers are eager to get approval from the U.S. Securities and Exchange Commission. A source revealed that since the last round of S-1 amendments was very "minor", the U.S. Securities and Exchange Commission can contact the issuer "at any time" to inform the fund issuance date. The source added: "We really don't have any expectations because now everything depends on them (the U.S. Securities and Exchange Commission), but we are anxiously waiting. They can speed up or slow down as they please." Another source said that although the issuer has not received more comments from the SEC after the latest S-1 adjustment, there may be at least another round of comments. Although the timeline for the launch is unclear, it is reasonable to expect that it will be launched in the next two to three weeks. The source did not want to be named because the issuer is in discussion with the U.S. Securities and Exchange Commission. (blockworks)