Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months.
Rasmussen shared his insights on the odds during a Feb. 26 interview with Yahoo Finance. He said:
“I certainly don’t know if the market is necessarily at a point that the SEC would like to see in order to approve those spot [Ethereum] ETFs this May. I think it’s about a 50/50 percent chance that we’ll see approval or we’ll see rejection and kick it out to another … round of applications in the future.”
Other sources, including Bitwise Global Head of Research Matt Hougan, previously predicted close to 50% odds that spot ETH ETFs will gain approval in May. Meanwhile, the odds for approval are slightly lower on the Polymarket website at 41%.
The SEC has to decide on VanEck’s spot Ethereum ETF application by the May 23 deadline and is expected to decide on the other applications simultaneously as it did with the spot Bitcoin ETFs.
Rasmussen also
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