The approval process for a spot Ethereum ETF in the U.S. is accelerating. Five potential issuers, including Fidelity, VanEck, and Invesco/Galaxy, submitted revised 19b-4 forms to the SEC within 25 minutes, according to Bloomberg analyst James Seyffart. Although approval is not immediate, it marks significant progress. Analysts suggest the move is politically motivated, signaling a shift in SEC’s stance. Full market introduction could take weeks or months post-approval.

#Ethereum #ETF #SEC #CryptoNews #Finance