Express

Sources: SEC Wants Exchanges To Speed Up Updates To 19B-4 Filings For Spot Ethereum ETFs

Mary Liu

Summary: According to CoinDesk, three sources said that the U.S. Securities and Exchange Commission (SEC) requires exchanges to speed up the update of 19B-4 documents regarding spot Ethereum ETFs, but this does not mean that spot Ethereum ETFs will be approved. A person familiar with the matter said that the S-1 filing still needs to be ...

According to CoinDesk, three sources said that the U.S. Securities and Exchange Commission (SEC) requires exchanges to speed up the update of 19B-4 documents regarding spot Ethereum ETFs, but this does not mean that spot Ethereum ETFs will be approved.

A person familiar with the matter said that the S-1 filing still needs to be approved before the product can begin trading, and it may take an unspecified amount of time for the SEC to approve the S-1 filing because there is no deadline.

Bloomberg analyst Eric Balchunas wrote that the probability of approval of the spot Ethereum ETF has been increased from 25% to 75% because he heard some rumors that the SEC may make a 180-degree turn on this issue.

Last Update:

Tags: ,
Link: Sources: SEC Wants Exchanges To Speed Up Updates To 19B-4 Filings For Spot Ethereum ETFs   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.