Insiders: The US SEC is Inclined to Approve Ethereum Spot ETF
PANews reported on May 22 that Barron's, citing informed sources, stated that SEC staff informed exchanges on Monday that the agency is "inclined" to approve an Ethereum spot ETF. The SEC has provided feedback on these applications, and if addressed promptly, approval could come as early as this week. Previously, Bloomberg ETF analysts indicated that due to changes in the political climate, the U.S. government's stance on an Ethereum spot ETF might undergo a complete shift.
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