Bloomberg Analyst: The probability of spot Ethereum ETF being approved in May is about 60%

Odaily News Bloomberg analyst James Seyffart said that the probability of spot Ethereum ETF being approved in May is about 60%. My fundamental forecast is that theres about a 60 percent chance of approval, but there are a lot of ways they can delay it, he said. If the SEC wants to be ready and wants all issuers to go public at the same time, theyll probably do it in May. 23 unless the SEC can find some way to deny or delay the entire process and take action. If approval in May is unsuccessful, Seyffart believes the resolution will be delayed until 2025. (Blockworks)