Ethereum Spot ETFs Have Up to 75% Approval Potential
Bloomberg Intelligence analysts, recently announced that they have increased the likelihood of approval of the Ethereum ETF Spot Fund from 25% to 75%.
The SEC has reportedly asked asset management firms looking to list Ethereum ETFs to update their Form 19b-4 filings by this week's deadline. This move has made many analysts predict that it is very likely that the Ethereum ETF will be approved in the near future.