Sources: The issuer of the Ethereum ETF S-1 form has no specific deadline, and approval depends on the speed of the SEC's processing

ChainCatcher news, according to The Block, in the latest round of negotiations before the S-1 form takes effect, the U.S. Securities and Exchange Commission (SEC) has returned the S-1 forms to its potential Ethereum ETF issuers.

Sources say that the returned forms only included a few comments. Issuers have been asked to address these comments and resubmit by July 8. This means that at least one more round of filings is needed before the ETF can finally begin trading. However, there is no specific deadline for the S-1 form, and issuers must rely on the processing speed of the SEC.