The U.S. Securities and Exchange Commission (SEC) asked aspiring ether exchange-traded fund exchanges to update 19b-4 filings ahead of a key deadline this week.
The SEC had previously been expected to reject the ether ETF filings, and while there's no guarantee of approval, the move suggests progress is being made.
The exchanges that want to list and trade shares of spot ether (ETH) exchange-traded funds are abruptly being asked by regulators to update key filings related to these products.$ETH