Coinbase analyst: The probability of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%
According to a report from Golden Finance, David Han, an analyst at Coinbase's institutional research and analysis team, stated on May 15th that the main factor leading to SEC's approval of a Bitcoin ETF is the correlation between CME futures products and spot exchange rates, which may also lead to approval of an Ethereum ETF. The possibility of SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%.
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.
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