Bloomberg ETF Analyst: Likelihood of Ether Spot ETF Approval Drops to 30% in May
Eric Balchunas, senior ETF analyst at Bloomberg, said the likelihood of an ethereum spot ETF being approved in May has been reduced to 30% from 60-70%, a figure he previously said in January could be 70%. However, crypto market maker GSR still sees approval as more likely than not, but is prepared to lower the likelihood of approval if there is no progress next month.
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
IMF warns that tokenized markets may increase flash crash risks, and governments will intervene with regulation
Hong Kong SFC launches staff fundraising campaign to support victims of the Tai Po fire
Analysis: US stock indices set to end winning streak, rare November decline expected
Trending news
MoreCrypto prices
More
