Ethereum
SEC to decide on Ethereum Spot ETF this week
ETF Store President Nate Geraci announced that the SEC is set to rule on an Ethereum spot ETF this week. The SEC must approve both the 19b-4 (trading rule amendment) and the S-1 (registration statement) to launch the ETF. However, it is technically possible for the SEC to approve the 19b-4 while delaying approval of the S-1 due to low participation. This decision is eagerly awaited by the crypto and investor communities.