The president of The ETF Store: still believes that the SEC will approve the S-1 application for the Ethereum spot ETF next week

ChainCatcher news, The ETF Store President Nate Geraci posted on social media that the SEC seems to be going through a "holding breath" phase similar to before the approval of the 19b-4 application, but he still believes the SEC will approve the S-1 application for the ETH spot ETF next week, with no reason for delay.

In response, Bloomberg analyst Eric Balchunas stated that every issuer is ready, the documents are prepared, and perhaps things will progress quickly next week.