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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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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Though favorable regulatory developments increase the chance that an ether exchange traded fund (ETF) will soon be approved, while the yes sides of various Polymarket contracts also jumped on the news
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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implications of the SEC request on the outcome of the Ethereum spot ETF requests by exchanges

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