Bloomberg analyst: Ethereum spot ETF has about 60% chance of being approved in May
Bloomberg ETF analyst James Seyffart stated that the likelihood of a physical Ether ETF being approved in May is about 60%. The delay is not surprising, and it is expected that the SEC will postpone the decision on the ETF until later this year. May 23rd will be the next key date for Ethereum's physical ETF, and if the approval in May is not successful, Seyffart plans to wait until 2025.
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
The yen broke below the 156 mark overnight as the Federal Reserve’s hawkish rate hikes pushed the Bank of Japan to a “high-pressure moment.”
After the Federal Reserve raised interest rates, the Japanese yen fell overnight to 156.42. The market is betting that the Bank of Japan will raise rates by 25 basis points on Friday. If the stance is dovish, the yen could fall further to 158 or even 160.

10-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - U.S. vs Other Nations