The president of The ETF Store, Nate Geraci, posted on social media that the SEC seems to be going through a "holding breath" phase similar to the one before the 19b-4 application was approved, but he still believes that the SEC will approve the S-1 application for ETH spot ETF next week without any reason for delay.In response, Bloomberg analyst Eric Balchunas stated that every issuer is ready and the documents are prepared, so things may develop quickly next week.
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The ETF Store President: Still believes that the US SEC will approve the S-1 application for the Ethereum spot ETF next week
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