đšINSIDER COMMENTS BOOST HOPE FOR ETHEREUM ETF APPROVALđš
âIt would be odd to ask folks to update something, only to reject them later, although I guess in this market literally anything can happenâ
- Following yesterdayâs request from the SEC that would-be $ETH ETF issuers submit 19B-4 forms at an accelerated rateâŠ
- ⊠a report from The Block claims to have received further insight from âa high-ranking member at an issuerâ.
- According to the report, said executive believes it would be âoddâ for the SEC to now reject spot #Ethereum ETF applications.
- Whatâs more, the SEC only sought minor changes to the relevant forms, rather than a complete overhaul.
âThe issuers are being asked to update their 19b4s. The updates are relatively lightâ
- Only an hour ago, Fidelity, one of the potential issuers, filed an updated S-1 form with the SEC.