Ether (ETH) ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources

That
doesn’t
mean
the
ETFs
will
be
authorized,
though.
Would-be
issuers
also
need
their
S-1
applications
approved
before
the
products
could
begin
trading.
SEC
could
take
an
indefinite
amount
of
time
to
approve
the
S-1
documents,
one
person
familiar
with
the
matter
said,
as
it
isn’t
tied
to
a
deadline.