Odaily News U.S. Securities and Exchange Commission (SEC) officials unexpectedly asked Nasdaq and the Chicago Board Options Exchange (CBOE) on Monday to quickly update and revise their spot Ethereum ETF listing application documents, which is usually a requirement before approval, suggesting that the agency may be ready to approve the two companies' applications, three people familiar with the matter said. The SEC must decide by the end of this week whether to approve the VanEck and ARK Investments/21Shares ETF listing applications submitted by CBOE. The exchange needs the SEC to approve its revised rules before it can list the product, while the issuer still needs the SEC to approve the ETF registration statement before it can start trading. Unlike the documents submitted by the exchanges, the SEC does not have a definite decision time frame, which means that it may take several months for the spot Ethereum ETF to begin trading. (Jinshi)