The US Securities and Exchange Commission (SEC) is expected to review Ethereum ETF applications on May 23, which will determine the fate of Ethereum spot ETFs. The lack of significant engagement with issuers and Ethereum's unclear regulatory status led analysts to predict a negative outcome.

🤔⚖️ The SEC's review of Ethereum ETF applications is highly anticipated, but analysts predict a negative outcome due to regulatory uncertainties. Let's see how it unfolds!

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