According to Matrixport analysis, it is expected that the SEC may approve the Ethereum ETF this week. On May 20th, the SEC requested revisions to the ETF application, and three days later, the 19b-4 application was approved, but the S-1 application is still pending. Due to the holiday on July 4th, the SEC may postpone the decision to the week of July 8th. If the SEC takes action this week, the price of ETH may rebound.
Tags: ETF, SEC, Ethereum
Source link: https://x.com/Matrixport_EN/status/1810211157627838681
Note: All articles from BitPush represent the author’s views and do not constitute investment advice.
Original article link: https://www.bitpush.news/articles/6919348
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