SEC’s Reversal on Spot ETH ETFs

May 21, 2024 Tóth Balázs
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The U.S. Securities and Exchange Commission (SEC) is asking companies planning to introduce and trade shares of spot Ethereum exchange-traded funds (ETFs) to update and resubmit their 19b-4 forms, according to The Wall Street Journal, citing sources familiar with the matter. These documents are intended to inform the SEC about proposed amendments. Analysts have subsequently raised the likelihood of spot ETH ETF products being approved to 75%.
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