Prediction platform Polymarket: The probability of spot Ethereum ETF being approved by the SEC is currently only 7%
According to decentralized prediction platform Polymarket, there is currently only a 7% chance that a physical Ethereum ETF will be approved by the US SEC. This prediction started in January with a 76% chance of approval, but over the past three months, the approval probability has dropped significantly by 91%.
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.
You may also like
Ripple-Supported Evernorth Now Possesses a Whopping 261 Million XRP
Securing Massive XRP Treasury Ahead of Nasdaq Public Listing through Armada Acquisition Corp II Merger

Bitcoin and ETH ETFs Lose Ground as Investors Pivot Back to Bitcoin: Is Altseason Over?
Shifting Market Preferences: Over $128 Million Withdrawn from ETH ETFs as Bitcoin Futures Activity Soars to Record Highs

Stablecoin Revolution: When Payments Are No Longer Tied to Banks, How High Is the FinTech Startup Ceiling?
The Federal Reserve is not only exploring stablecoins and AI payments, but also piloting a new proposal called "streamlined master accounts," which would allow qualified companies to directly access the Fed's settlement system. This move could open new doors for fintech innovation.

A $2 billion "game of probabilities": Is the prediction market approaching its "singularity" moment?
The prediction market is evolving from a marginalized "crypto toy" into a serious financial instrument.

