The approval of Ethereum ETFs has driven positive sentiment in the market, though lingering questions about S-1 registrations remain.
witnessed a massive uptick in price due to the Ethereum ETF being approved. However, there could be some problems that ETH could face in the future.According to Delphi Digital’s analysis, The SEC currently has only approved the 19b-4s listing requests for ETH ETFs, not the critical S-1 registration statements.
Some also believe that approval of 19b-4s might be a trade-off for passing ESG rules. ESG rules are environmental, social, and governance rules. SEC approval allows the exchange to consider listing the new product , but doesn’t directly authorize the ETF itself.
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