Matrixport: The US SEC is expected to approve a spot Ethereum ETF this week
ChainCatcher news, according to Matrixport analysis, the SEC is expected to approve the Ethereum ETF this week. On May 20, the SEC requested ETF exchanges to revise their applications, and three days later approved the 19b-4 application, but the S-1 application is still pending. Due to the holiday on July 4, the SEC may postpone its decision to the week of July 8. If the SEC takes action this week, the ETH price may rebound.
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