SEC Progresses Towards Approving Spot Ethereum ETF 🚀💰
SEC is progressing towards approving a spot Ethereum (ETH) exchange-traded fund (ETF)
Five potential spot Ethereum ETF issuers, including Fidelity and VanEck, have submitted revised application forms to the SEC.
Final approval is not guaranteed, but progress suggests multiple spot ETFs could be approved this week.
SEC will decide on VanEck and Cboe's initial application on May 23ETH .
held in the ETFs will not be allowed to be staked.
