Early this morning, May 22, 5 companies submitted a 19b-4 amendment to the ETH Spot ETF proposal, including: Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, Franklin and all were sent through Chicago. Board Options Exchange (CBOE).

There's still a long way to go. But this shows that the rumors of the SEC calling on funds to submit amendments to the 19b-4 Ethereum Spot ETF are true.

It is likely that the SEC will approve the 19b-4 application tomorrow, but it will take a few more weeks or more for the SEC to approve the S-1 application as well. Importantly, to start trading, the SEC needs to approve both applications.