The deadline for the US SEC to approve the Ethereum spot ETF is approaching, and the probability of approval is expected to be 14%

According to BlockBeats, there are only nine days left for the U.S. Securities and Exchange Commission (SEC) to approve or reject the Ethereum spot ETF. Eric Balchunas, senior ETF analyst at Bloomberg, said he does not expect the ETF to be approved before the end of 2025.

Meanwhile, bettors on the on-chain prediction market Polymarket put the chance of the SEC approving the ETF at 14% by May 31.