According to PANews, Nate Geraci, the president of ETF Store, has announced via Twitter that the Securities and Exchange Commission (SEC) is set to make a decision on the Ethereum spot ETF this week. For the ETF to be launched, the SEC must approve both the 19b-4, which pertains to changes in trading rules, and the S-1, which is a registration statement. Technically, the SEC could approve the 19b-4s and then slow down the approval process for the S-1, especially considering the lack of participation. This announcement has sparked interest and anticipation in the financial community, as the decision could potentially impact the future of Ethereum trading.
SEC To Make Decision On Ethereum Spot ETF This Week
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