Analysts’ optimism on the likelihood of Ethereum Spot Exchange-Traded Funds (ETFs) approval in May is constantly waning, as the once optimistic senior Bloomberg Intelligence analyst Eric Balchunas has lowered his prediction for the products being approved to a mere 25%.
Ethereum Spot ETFs Odds Continues To Drop
Eric Balchunas, who noted that his chances of having an Ethereum ETF approved in May by the United States Securities and Exchange Commission (SEC) are still a bleak 25%, expressed his pessimism in an X post. According to Balchunas, he would probably go lower if he could do so, suggesting how uncertain the analyst is towards the products.
The Bloomberg expert’s insights coincide with his colleague James Seyffart’s post regarding Bitwise Invest’s latest Ethereum ETF filling. On Thursday, Bitwise Invest registered shares of its ETH ETF with the SEC using a Form S-1 registration statement, which is its first stage of applying for the exchange products.
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We współpracy z: https://bitcoinist.com/ethereum-spot-etfs-odds-at-a-pessimistic-25/
