Despite the progress with 19b-4 filings, the SEC could still reject the S-1 registration statement of the ether ETF, delaying its approval and trading commencement.

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Despite the progress with 19b-4 filings, the SEC could still reject the S-1 registration statement of the ether ETF, delaying its approval and trading commencement.

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Ether Surges 17%, Polymarket Approval Chances Rocket as ETF Makes Regulatory Progress

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https://www.coindesk.com/markets/2024/05/21/ether-eth-surges-17-polymarket-approval-chances-rocket-as-etf-makes-regulatory-progress/

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The U.S. SEC requested exchanges to update 19b-4 filings which indicates a move towards spot Ether ETF approvals.

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The SEC's request for exchanges to update their form 19b-4 filings indicates progress, but there is still uncertainty and no guarantee of approval for Ethereum spot ETFs.

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