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The issuer of ETH Spot ETF is waiting for key instructions from the SEC.
The issuer of ETH ETF, ODaily Planet Daily reported that it is waiting for a response from the SEC on its latest S-1 form submitted on July 8th. Sources say that the SEC’s next instructions will be crucial. After obtaining approval for the 19b-4 form in May, the issuer has been in extensive communication with the SEC regarding the S-1 form, and the process is expected to be nearing completion. One source said, ‘The SEC’s review is nearing final approval.’ (The Block)