đ„Hot News! According to Odaily Planet Daily, the U.S. Securities and Exchange Commission (SEC) unexpectedly asked Nasdaq and the Chicago Board Options Exchange (CBOE) on Monday to quickly update and revise their spot Ethereum ETF listing application documents. This is usually a request made before approval, suggesting that the SEC may be ready to approve the applications of the two companies. đ
The SEC must decide by the end of this week whether to approve the VanEck and ARK Investments/21Shares ETF listing applications submitted by CBOE. The exchange needs the SEC to approve its revised rules before it can list the product, and the issuer still needs the SEC to approve the ETF registration statement before it can start trading.
However, unlike the documents submitted by the exchange, the SEC has no definite decision time frame, which means that the spot Ethereum ETF may take several months to start trading. đ°ïžThis is a big development worth paying attention to, and we will continue to pay attention to the progress of this matter. đ
