Bloomberg analyst: US SEC may approve spot Ethereum ETF 19b-4 filing as early as Wednesday

21/05 11:09

Eric Balchunas, a senior analyst at Bloomberg, posted on the X platform that it is rumored that the US SEC hopes to submit a revised 19b-4 document for the spot Ethereum ETF by 10 a.m. local time tomorrow (based on a large number of comments received by relevant parties today), and it may be approved as early as Wednesday. Earlier, Bloomberg analyst James Seyffart posted on the X platform: "In a brief note, Eric Balchunas raised the probability of approval of the spot Ethereum ETF to 75%. But this is for the May 23 deadline of 19b-4 (VanEck's deadline). We also need approval from S-1. It may take weeks to months before we see S-1 approval and the actual Ethereum ETF goes online."

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MiyukiMar 21, 2024 6:23 pm

Bloomberg analyst: US SEC may approve spot Ethereum ETF 19b-4 filing as early as Wednesday

More news about "ccdata"

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