According to CoinDesk, a research report released by Bernstein on Monday said that the recent rise of Bitcoin (BTC) has been driven by the introduction of exchange-traded funds (ETFs), and now may be the time to pay attention to Ethereum (ETH). The report stated that Ethereum "may be the only other digital asset spot ETF approved by the U.S. Securities and Exchange Commission (SEC)". Bernstein predicts that the probability of approval of the Ethereum spot ETF before May is about 50%, and the probability of approval within the next 12 months is almost certain. Companies such as Franklin Templeton, Blackrock (BRK) and Fidelity Investments that have been approved for Bitcoin ETFs have submitted applications for Ethereum ETFs. The report also pointed out that Ethereum's next upgrade Dencun is scheduled for March and will reduce transaction costs by 50%-90%.
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The probability of US Ethereum spot ETF being approved is 50%, which may be realized before May
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