SEC Seeks Changes To Ether ETF Filings, Raising Approval Hopes
Portfolio Pulse from Murtuza Merchant
The SEC has requested revisions to Ether ETF applications, sparking optimism for potential approval. This has led to a significant rise in Ether's price. However, final approval remains uncertain and could take several months.
May 21, 2024 | 2:16 pm
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The SEC's request for revisions to Ether ETF applications has led to a significant rise in Ether's price, indicating market optimism for potential approval.
The SEC's request for revisions is typically seen as a precursor to approval, which has led to a significant rise in Ether's price. However, final approval is still uncertain and could take several months.
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