The U.S. Securities and Exchange Commission (SEC) has requested spot Ethereum exchange-traded funds (ETFs) issuers to re-file their S-1 forms by July 8th, causing a delay in the expected launch of Ethereum ETFs. SEC chief Gary Gensler had previously mentioned that spot ETH ETFs would be approved ‘this summer.’ The SEC has once again returned the forms with some minor comments, signaling a potential back-and-forth process between the SEC and issuers. The approval of the S-1 forms is the next step in launching spot Ethereum ETFs, following the approval of 19b-4 forms in May. The final launch date will depend on how long the SEC takes to review and approve the S-1 forms. Several issuers updated their registration statements in June, including disclosures of sponsor fees and seed investments from companies like Franklin Templeton, VanEck, Invesco Galaxy, Grayscale, and Fidelity.

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