The United States Securities and Exchange Commission (SEC) has asked US exchanges to update their 19B-4 filings on an accelerated basis ahead of a crucial deadline this week.
The Securities and Exchange Commission was expected to reject the spot Ethereum ETF filings, and while approval is not guaranteed, the latest developments suggest progress is being made.
SEC Asks To Update Filings
The SEC’s move to ask applicants to update their filings has sparked speculation that the market regulator may approve spot Ethereum ETF applications ahead of a crucial deadline. While there is no approval guarantee, the move indicates progress has been made.
“JUST IN: SEC asks exchanges to update 19B-4 filings on an accelerated basis for Spot Ethereum ETFs, CoinDesk reports.”
Spot Ethereum ETF issuers will also need their S-1 applications approved before the spot ETFs can begin trading. According to one source, the SEC could take an indefinite amount of time to approve the S-1
We współpracy z: https://cryptodaily.co.uk/2024/05/sec-asks-exchanges-to-update-filings-as-spot-ether-etfs-see-abrupt-progress
