"Ready to share. Monetization pending"

Your video shows "Ready to share. Monetization pending", what does it mean?
"Ready to share. Monetization pending"
Approval to monetize can take anywhere from 1 to 5 days.

While your video is awaiting approval for monetization, it can be seen via the direct link and by your subscribers.

Your video status changes from "Monetization pending" to "monetized" once your video is approved for ads.