Bloomberg Analyst: No Updates from SEC, Everything We Hear Indicates It Will Be Approved
PANews reported on May 24 that Bloomberg analyst Eric Balchunas tweeted that there is no update from the SEC regarding the Ethereum spot ETF decision. Two unnamed sources claimed it would be delayed until later tonight, but this cannot be confirmed by anyone at the moment. Although unconfirmed, considering that the trading market always receives notifications at the last minute, a slight delay is not too surprising. (We think they might even be ready to issue a rejection letter). So they might need to finish writing it. That said, everything heard so far indicates it will be approved.
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