The exchange filed 19b-4 documents on Wednesday, formally kicking off a review process. Once the U.S. Securities and Exchange Commission (SEC) acknowledges the filings, it will start a 240-day clock for a final decision. The SEC will have a number of intermediary deadlines to make a decision, but has traditionally taken the maximum number of days possible to review applications.
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- Source: https://www.coindesk.com/policy/2023/09/06/cboe-bzx-exchange-files-to-launch-ark-21shares-vaneck-spot-ether-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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