Morgan Stanley analysts led by Nikolaos Panigirtzoglou believe that the US Securities and Exchange Commission (SEC) may approve multiple spot Bitcoin ETF applications in "several months". The analysts stated that the decision by the SEC not to appeal the Grayscale court ruling has increased "optimism" for such approvals. The report states that the approval time for spot Bitcoin ETFs is still unclear, but it should be completed within a few months, most likely before January 10, 2024, the final deadline for Ark Invest and 21Shares' applications. This is the earliest of various final deadlines that the SEC faces in spot Bitcoin ETF applications.
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JPMorgan expects spot Bitcoin ETF to be approved “within months”
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Cointime June 29th News Express
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The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
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