🎉Good news! The latest chart released by Matrixport shows that the ETH ETF made significant progress on May 20, when the SEC asked exchanges that submitted ETFs to amend their applications. 📈Three days later, on May 23, the SEC approved the 19b-4 filing, but the ETF issuer's S-1 application has not yet been approved. As soon as the news came out, the price of ETH rose by 20%! 🚀

📅Due to the July 4th holiday and the long weekend, the SEC may postpone the approval until the week of July 8 (today). Matrixport pointed out that the price of ETH has fully reflected the positive approval sentiment, and if the SEC takes action this week, the price of ETH may rebound. 🎯

🔍We will continue to pay attention to the global regulatory dynamics of blockchain, industry trends, and cryptocurrency news to bring you the latest information! 🌐Let us look forward to the performance of ETH together! 💪