Matrixport: The U.S. SEC is expected to approve an Ethereum ETF this week
PANews reported on July 8th, according to Matrixport analysis, the SEC is expected to approve an Ethereum ETF this week. On May 20th, the SEC asked ETF exchanges to revise their applications and approved the 19b-4 application three days later, but the S-1 application is still pending. During this period, ETH has risen by 20%. Due to the holiday on July 4th, the SEC may decide to postpone until this week of July 8th. If the SEC takes action this week, ETH prices may rebound.
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.
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