The SEC's request for exchanges to amend form 19b-4 filings has led to increased market optimism regarding the approval of Ethereum ETFs, as reflected in the rising prices of Polymarket contracts.

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The SEC's request for exchanges to amend form 19b-4 filings has led to increased market optimism regarding the approval of Ethereum ETFs, as reflected in the rising prices of Polymarket contracts.

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A Polymarket contract asking if an ether ETF would be approved by May 31 jumped from 10 cents to 55 cents, representing a 55% chance that approval will take place by May 31.
Another Polymarket contract asking if the ETF will be approved by June 30 is currently trading at 68%

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Market reaction to SEC’s request for exchanges to amend form 19b-4 filings regarding ethereum ETFs