Market observers are conflicted over what could happen following SEC approval of a spot Ether ETF.
The United States Securities and Exchange Commission’s (SEC) first deadline for a spot Ether ETF falls on May 23.
Its approval would be a significant event not only for investors, but it could also represent an important change in the current status quo of U.S. crypto regulation.Many in the crypto community didn’t expect the SEC to approve a spot Ether (ETH) ETF.
But reports about the SEC requiring updates from applicants and the amendment of filings from U.S. asset managers signal that a spot Ether ETF may be approved after all.
