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Why did the Ethereum spot ETF not usher in a surge? Here is a quick introduction to the differences between the two documents: Last night, the SEC approved the 19b-4 document for eight Ethereum spot ETFs, a form used to inform the SEC of changes in rules that allow ETFs to trade on exchanges .
such as introducing new products, modifying trading mechanisms or other relevant exchange policies.The SEC will review the proposal and open for public comment before deciding whether to approve it.
However, the approval of the 19b-4 document does not mean that the ETF has passed. The formal listing requires the ETF issuer to obtain the S-1 document approved by the SEC.