Bloomberg ETF analyst: Spot Ethereum ETF approval rate increased from 25% to 75%
2024-05-20 19:41:04
Bloomberg analyst Eric Balchunas posted that he has increased the chances of a spot Ethereum ETF being approved from 25% to 75%. This afternoon we heard some rumors that the SEC may make a U-turn on this issue (which is becoming more and more politicized), so now everyone is desperately preparing (like us, everyone else thinks it will be rejected). See Nate's tweet for a possible sequence of events (but again, the odds will be capped at 75% until we see more evidence, such as an application for an update).
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