📢Good news! Bloomberg analyst Eric Balchunas posted on the X platform that issuers are waiting for the SEC's Corporate and Financial Division to comment on the S-1 documents they submitted two weeks ago. This is the first time the department has reviewed these documents, and the reason may be that they were surprised by the last-minute political shift. 🤔

However, it is uncertain whether they will prioritize this work, which may delay the approval of the spot Ethereum ETF S-1 around July 4, which Balchunas previously predicted. 📆

As previously reported, the SEC chairman said at the hearing that the document may be approved this summer, but did not give a specific date. 🌞

Although we are optimistic about Bitcoin, we still need to pay attention to global regulatory dynamics and industry trends to better understand the future direction of cryptocurrencies. 🔍🌐

Let us look forward to more good news together, the world of cryptocurrency is always full of surprises! 🎉🎉