Two sources have reported that potential issuers of Ethereum ETFs were given less than 24 hours to submit their final 19b-4 forms. However, even if these forms are officially approved, it could still take several weeks before spot ETH ETFs can begin trading. Unlike with Bitcoin ETFs, where S-1 registration statements had been prepared in advance and exchanges were prepared, the recent 180-degree turn by the SEC means that the preparation and approval process may not happen as quickly as anticipated. If the 19b-4 forms do get approved, the approval of S-1 forms within a few weeks may not have a significant impact on the market, as the listing would already be guaranteed.
