SEC to Decide on Ethereum Spot ETF This Week

The post SEC to Decide on Ethereum Spot ETF This Week appeared first on Coinpedia Fintech News

ETF Store President Nate Geraci has announced that the SEC is set to decide on an Ethereum spot ETF this week. The SEC must approve both the 19b-4 (change in rules of trading) 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 the S-1 approval due to low participation. This decision is eagerly anticipated by the crypto and investment communities.