Odaily News The SEC is asking issuers to submit draft S-1 filings by Friday, according to two sources. After that, the SEC will provide a first round of comments and eventually make further revisions. VanEck submitted a revised version of its S-1 form immediately on the day the ETF was approved. BlackRock followed suit on May 30, detailing that its ETF will be seeded with $10 million. The details of the seed investment are fairly simple for issuers, which means other aspects of the form may take longer to work out. They said they expect the S-1 form to be ready after at least two more rounds of draft submissions.