Late Monday, Bloomberg ETF analysts increased the odds that the U.S. Securities and Exchange Commission (SEC) would approve a spot ETH ETF from 25% to 75%. Meanwhile, CoinDesk reports that the SEC has asked exchanges looking to list and trade potential spot ETFs to quickly update their 19b-4 filings, a sign that the regulator intends to expedite the process.
The Ether (ETH) ETF expects futures open interest to hit $14 billion.
By Crypto Flexs1 Min Read
