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According to the latest document disclosure, the U.S. Securities and Exchange Commission (SEC) has returned the S1 form of the ETF and requested additional modifications to certain clauses. Therefore, the originally scheduled ETF issuance for next week has been postponed, and is expected to go live on Nasdaq at the earliest the week after next!
But friends of the currency don't have to panic, delay is not rejection, it will not affect its final launch!