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ETF analyst James Seyffart: Spot Ethereum ETF approval rates increased to 75%. However, this rate is specific to VanEck's 19b-4 filing dated May 23, 2024. S-1 approvals also need to be obtained. S-1 approvals, and therefore approval of a spot Ethereum ETF, could take weeks or months.

ETF analyst James Seyffart:

Spot Ethereum ETF approval rates increased to 75%. However, this rate is specific to VanEck's 19b-4 filing dated May 23, 2024.

S-1 approvals also need to be obtained. S-1 approvals, and therefore approval of a spot Ethereum ETF, could take weeks or months.

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