Five companies have submitted amendments for spot ETH ETF filings, according to sources. The Securities and Exchange Commission (SEC) has reportedly indicated its inclination towards approving spot ETH ETFs. Ahead of the SEC’s impending deadline on Thursday, there are positive signs for the approval of spot Ethereum exchange-traded funds (ETFs). The Depository Trust and Clearing Corporation (DTCC) listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday. Last month, Franklin Templton’s EZET also entered the same listing, bringing the count of inactive spot ETH ETFs on the website to two. Similarly, spot Bitcoin ETFs were listed on DTCC before their subsequent approval in January 2024. DTCC started adding those ETFs from October to December 2023. The recent listings of spot ETH ETFs on DTCC could be interpreted as a signal of potential approvals. Last week, the SEC requested exchanges and institutions to amend their 19b-4 filings, which need SEC approval for spot ETH ETFs to become effective in the market. Five investment firms, including VanEck, Franklin Templeton, Fidelity, ARK 21shares, and Invesco Galaxy, have confirmed their amendments. The anticipation for SEC approval of spot Ethereum ETFs has been ongoing since the beginning of the year, and there have been discussions about whether Ethereum should be classified as a security rather than a commodity. Analysts’ perspectives on spot ETH ETFs have also evolved, with Bloomberg analysts increasing the approval probability from 25% to 75%. They previously predicted that the chances of spot ETH ETF approval were slim. With the growing likelihood of approval, prominent institutions like Standard Chartered Bank have also voiced their support for spot ETH ETF approval. Barron’s reported that the SEC’s staff informed exchanges on Monday that they are leaning towards approval. This announcement has also contributed to an ETH price rally, with the cryptocurrency trading at around $3700 at the time of writing. In other crypto news today, Lido DAO (LDO) has experienced a rally following the resolution of the Numic security incident.