President of The ETF Store: This week, we can pay attention to whether there is any new progress in the approval of the Ethereum spot ETF S-1

Nate Geraci, president of The ETF Store, posted on the X platform: "It will be interesting to see if there is any new progress in the approval of the Ethereum spot ETF S-1 this week. The issuer submitted the revised documents a week ago. In my opinion, (SEC) does not have that much work to do." Previously, at the end of May, Nate Geraci posted on the X platform: "No one knows exactly when the US SEC will approve the spot Ethereum ETF S-1 (registration statement), but I expect it to be approved in the next few weeks, up to 2 to 3 months. In my opinion, after the spot Bitcoin ETF and the Ethereum futures ETF, the heavy work has been done. The only question is how long the SEC wants to delay."