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Bloomberg analyst: US SEC may approve spot Ethereum ETF 19b-4 filing as early as Wednesday
2024-05-21 03:09
Odaily News Eric Balchunas, a senior analyst at Bloomberg, posted on the X platform that there are rumors that the US SEC hopes to submit a revised 19b-4 document for the spot Ethereum ETF before 10 am local time tomorrow (based on the large number of comments received by relevant parties today), and it may be approved as early as Wednesday. Earlier news, Bloomberg analyst James Seyffart posted on the X platform: "In a brief note, Eric Balchunas raised the probability of approval of the spot Ethereum ETF to 75%. But this is for the May 23 deadline of 19b-4 (VanEck's deadline). We also need approval from the S-1. It may take weeks to months before we see the S-1 approval and the actual Ethereum ETF go online."