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Invesco Galaxy Misses Spot Ethereum ETF S-1 Deadline, Will Approval Be Delayed?

In a twist of fate, Invesco Galaxy has failed to meet the deadline for its amended S-1 form submission for a Spot Ethereum ETF, raising questions about the potential delay in its approval. This comes as a surprise, considering that other prominent investment firms such as VanEck, Bitwise, BlackRock, Fidelity, and Franklin Templeton managed to submit their amendments to the United States Securities and Exchange Commission (SEC) within the given timeframe. The setback for Invesco Galaxy poses the possibility of a postponed approval process for its Ethereum ETF, leaving market participants eagerly awaiting further updates.