According to PANews, Bloomberg ETF analyst James Seyffart said at a CryptoQuant private webinar on January 4 that the SEC had "implicitly" accepted Ethereum as a commodity when approving the Ethereum futures ETF, which means that we may see Ethereum spot ETFs listed this year. Seyffart believes that if the SEC calls Ethereum a security, it will be a counter-argument to the CFTC, which is why he believes that the Ethereum spot ETF will be approved this year. The first Ethereum futures ETFs in the United States were listed for trading on October 2 last year. The deadline for the SEC to make a final decision on the VanEck, ARK 21Shares and Hashdex Ethereum spot ETFs is May 2024.