Market analysts have increased their odds for Ethereum spot ETF approval after the SEC requested exchanges to amend form 18b-4 filings, which reflects optimism about the SEC's stance.

  • Claim

Name

Market analysts have increased their odds for Ethereum spot ETF approval after the SEC requested exchanges to amend form 18b-4 filings, which reflects optimism about the SEC's stance.

Types

Claim

Quotes that support the claim

They later corrected their statement, saying that the odds were related to the 19b-4 approvals.
Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart raised their odds for the approval of a spot ether ETF to 75% from 25% on Monday after hearing chatter that the SEC could be taking a more favorable stance towards the applications.

Tags

implications of the SEC request on the outcome of the Ethereum spot ETF requests by exchanges

Topics

Analysis of the SEC’s request for exchanges to amend form 19b-4 filings regarding ethereum ETFs