Breaking: SEC Approves Spot Ethereum ETF Applications

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Ethereum experienced a significant 18% price spike on May 21st amid fresh speculation that spot Ether ETF applications could get the regulatory green light by the May 23rd deadline. Bloomberg ETF analysts Eric Balchunas and James Seyffart raised the approval odds from 25% to 75% after noting increased "chatter" that the SEC was urging applicants to expedite their 19b-4 filings.


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