The news of Ethereum spot will most likely be released around 4 a.m. tomorrow.
What needs attention is that ETF has been approved by 2 key documents:
🔵"19B-4 document" is approved (19B: trading rule change), this document is reviewed by the US SEC's trading and market department;
🔵"S-1" is approved (S1: registration statement), this document is reviewed by the SEC's financial department;
Generally speaking,
19B-4, generally a complete approval takes 2 to 5 months
The second S-1, the approval may take 1 month
If 19B-4 and S-1 are passed at the same time tomorrow morning, it will be a full positive
