The US SEC may approve the spot Ethereum ETF as early as July 4

Odaily News Industry executives and other participants revealed that the U.S. Securities and Exchange Commission (SEC) may approve the spot Ethereum ETF as early as July 4 as negotiations between asset management companies and regulators have entered the final stage. Eight asset management companies, including BlackRock and VanEck, are seeking SEC approval for these funds. They said that the process of revising the issuance documents has progressed to the point where only "minor" problems need to be resolved. A lawyer working with one of the issuing companies also said that this only requires "final touches" and approval may not take more than a week or two. ETF analyst Eric Balchunas had previously expected approval as early as July 2.