People familiar with the matter: The SEC has not conducted internal coordination on Ethereum spot ETFs, or it may indicate that its change of attitude is a political decision. According to 0x News, people familiar with the matter said that on Monday, the U.S. SEC’s Trading and Markets Department notified exchanges that they will approve 19b this week. -4, a change from the position held two weeks ago. The issuer responsible for the S-1 contacted the SEC, but examiners in the SEC's corporate finance division appeared to be at odds with the trading and markets division, this person said. It’s worth noting that the SEC’s Trading and Markets Division reviews 19b-4s, while the Corporate Finance Division reviews S-1s. "They haven't even coordinated internally yet, which is why this is likely to be a political decision," one person familiar with the matter said. Some sources speculated that the SEC's change of heart could be politically motivated as the election approaches. (The Block) https://www.theblock.co/post/295771/secs-lack-of-internal-coordination-suggests-ethereum-etf-pivot-entirely-political-source-says