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SEC requires exchanges to speed up the update of 19 B-4 documents regarding spot Ethereum ETFs.

19 b-4 documents are documents submitted by exchanges. This type of document is usually related to rule changes for exchange operations, such as the introduction of new products, modification of trading mechanisms or other related exchange policies. With the expected mutation of the Ethereum spot ETF (Bloomberg analyst Eric Balchunas has raised the probability of approval from 25% to 75%), ETH rose 20% overnight, breaking through the $3,700 mark.