Two sources have revealed that potential issuers of Ethereum ETFs were given a very short window of less than 24 hours to submit their final 19b-4 forms. However, even if these forms receive official approval, it may still take several weeks before spot ETH ETFs can begin trading. In the case of Bitcoin ETFs, S-1 registration statements had been prepared in advance and exchanges were ready, resulting in a smoother process. However, since the SEC recently made a sudden turnaround, the preparation and approval of Ethereum ETFs may not happen as quickly as anticipated. If the 19b-4 forms do receive approval, the subsequent approval of S-1 forms within a few weeks may not pose a major issue for the market, as the listing would be guaranteed.
