The US SEC simultaneously approved multiple Ethereum spot ETF 19b-4 forms, including BlackRock and Fidelity

BlockBeats news, on May 24, according to The Block, the U.S. Securities and Exchange Commission approved the 19b-4 forms of multiple Ethereum spot ETFs today, including ETFs from BlackRock, Fidelity and Grayscale. Although the form has been approved, ETF issuers need to make the S-1 registration statement effective before they can start trading. The SEC has just begun discussing the S-1 form with issuers. It is not clear how long this process will take, but some analysts speculate that it may take weeks.