According to ChainCatcher, according to Matrixport analysis, the SEC is expected to approve the Ethereum ETF this week. On May 20, the SEC asked the ETF exchange to revise its application, and approved the 19b-4 application three days later, but the S-1 application is still pending. Due to the July 4 holiday, the SEC may postpone its decision until the week of July 8. If the SEC takes action this week, ETH prices may rebound.