🚨🔊 Analysts: #SEC Could Begin Approval Process for Spot #Ethereum ETFs Tomorrow 👀

Bloomberg’s analysts have explained that the SEC could start the approval process for spot Ethereum ETFs tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted by Tuesday morning, indicating “likely approval” as soon as Wednesday. This submission is a necessary step in the ETF approval process.

$ETH #ETHETFS #CryptoWatchMay2024 #coinaute