Regarding the community rumor that "Ethereum spot ETF will be approved by the end of March 2024", Bloomberg analyst James Seyffart responded on platform X, saying, "I bet 4 ETH this won't happen." In response to this, a community member said that the account spreading this news is a "clown account on CT". The analyst stated: "Yes, but this post was quickly spread wildly. Many people have sent me emails or private messages. I just want to publicly state that it's not true."