Is Ethereum Spot ETF on the Horizon? Possible Approval by 5/23? ETH Soars 18% to $3,640
According to Bloomberg analyst and Fox business reporter Eleanor Terrett, the US Securities and Exchange Commission (SEC) is requesting exchanges to expedite the submission of the Ethereum spot ETF 19b-4 filing. There is speculation that the SEC may make a 180-degree turn on this issue due to political concerns. Bloomberg analysts have increased the probability of an Ethereum spot ETF being approved on May 23 to 75%.
