Odaily News According to Reuters, three industry insiders said that the U.S. Securities and Exchange Commission (SEC) has given preliminary approval to at least three of the eight asset management companies to launch ETH ETF transactions. In addition, sources said that final approval depends on whether the applicant can submit final issuance documents to regulators by the end of this week. One of the sources said that all eight companies are expected to launch ETH ETFs at the same time. A spokesperson for the SEC said that the agency does not comment on individual documents.