Bloomberg Analyst: Expect to receive news from the U.S. SEC about the spot Ethereum ETF on early Friday morning
PANews reported on May 23 that Bloomberg ETF analyst Eric Balchunas said on platform X: "My most optimistic guess is that we will receive news from the US SEC (about spot Ethereum ETF) around 4 pm New Jersey time tomorrow (4:00 am Singapore time Friday)."
Earlier, a Fox reporter stated that the SEC might approve the 19b-4 file tomorrow and then cooperate with issuers on S-1 in the following weeks or months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano About to Explode? Watch $0.80 Closely
Sei (SEI) Retesting Bullish Pattern Breakout – Is a Rebound Next?
Cardano Whales Slide as ADA Price Faces Potential Death Cross
Cardano’s momentum fades as bearish indicators emerge, including a negative BBTrend, unstable whale behavior, and death cross risk.
Trending news
MoreCrypto prices
More
