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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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Polymarket will end the prediction market on the approval of the Ethereum ETF by May 31. The resolution was made after the Securities and Exchange Commission (SEC) approved the Spot ETH ETF's multiple 19b-4 filings, which sparked controversy as the necessary S-1 form filings required by the exchange were not yet approved. Some users believe that the ETF has not been fully approved until both filings are approved. Optimistic Oracle provider UMA Protocol ultimately determined the result as "yes" based on the approved 19b-4 filings.
Bloomberg analyst James Seyffart pointed out that historically, the approval of 19b-4 would lead to the approval of S-1. The total amount wagered in the prediction market is $13.2 million.