Bloomberg Analyst: Chance of Ethereum Spot ETF Approval by May Drops to 35%

Eric Balchunas, senior ETF analyst at Bloomberg, predicts the likelihood of an Ethereum spot ETF being approved by May has dropped to 35% from 60-70%. Eric Balchunas said, "All signs/sources of bullishness on Bitcoin spot after 2.5 months are gone this time. But note that it is 35% and not 0%, which means it is still possible, and in the long term, we think it will will happen."

Original link: https://twitter.com/EricBalchunas/status/1767204301372297274