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."