Bloomberg ETF analyst Eric Balchunas, who has been continuously commenting and tracking the news, said in the early morning of January 5th:
“The U.S. Securities and Exchange Commission (SEC) is issuing its final opinion, and the issuer will submit the final 19b-4 and S-1 shortly thereafter. This means that, as we expected, the effort has been successful, but as far as I know, it has not yet received official approval.”