🚀 News from the SEC regarding Ether ETF📈

📜 The U.S. Securities and Exchange Commission (SEC) has asked companies to update and re-file their Form 19b-4 documents. These documents are necessary to launch ETFs on Ether.

🔄 The SEC has asked asset managers to amend and resubmit documents on an expedited basis, suggesting an increasing chance of approval of these products.

📊 Bloomberg analysts James Seyffart and Eric Balchunas estimate that the chances of an Ether ETF being approved have increased from 25% to 75%.

🔍 This is hope after the bitcoin ETF was approved this year, where after the approval of forms 19b-4, trading was launched.

#Cryptocurrencies#Ethereum#ETF#SEC #Investments