UPDATE #ETHEREUM #SPOT #ETF Coindesk has now confirmed the possibility that the Ethereum Spot ETF could be approved this Thursday.
According to three sources, exchanges that want to list and trade shares of #eth Spot ETF funds were suddenly asked by #SEC to update their records.
For an ETF to be approved and begin trading, the issuer needs the SEC to approve a 19b-4 application (regulatory approval for an Ethereum Spot ETF) and an S-1 application (approval of a company's product details). to start trading, e.g. BlackRock's Ethereum ETF product).
