📢Good news! According to The Block, the U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 forms of multiple Ethereum spot ETFs, including those from BlackRock, Fidelity, and Grayscale. 🎉🎉

Although this form has been approved, ETF issuers need to wait until the S-1 registration statement becomes effective before they can start trading. The SEC has now begun discussing the S-1 form with issuers. 📝

It is unclear how long this process will take, but some analysts speculate that it may take weeks. 🕰️

While we remain neutral on the market, we are optimistic about the prospects for Bitcoin. Let us look forward to the official trading of the Ethereum ETF together! 💪💪