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Bloomberg analyst: Ethereum spot ETF has about 60% chance of being approved in May

Bloomberg analyst: Ethereum spot ETF has about 60% chance of being approved in May

Cointime2024/01/27 01:31
ETH+0.11%

 Bloomberg ETF analyst James Seyffart stated that the likelihood of a physical Ether ETF being approved in May is about 60%. The delay is not surprising, and it is expected that the SEC will postpone the decision on the ETF until later this year. May 23rd will be the next key date for Ethereum's physical ETF, and if the approval in May is not successful, Seyffart plans to wait until 2025.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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