ETH ETF is unlikely to be approved next May...

According to Reuter, many units believe that the ETH ETF is unlikely to be approved in May.

VanEck CEO Jan van Eck told CNBC this month that the company's application for an ETH ETF "will probably be rejected."

Eric Balchunas, an ETF analyst at Bloomberg, believes that the prospect of ETH ETF approval is quite low (less than 25%).

Hong Fang, president of cryptocurrency exchange OKX, said the disagreement will be reflected in the price of $ETH.

If ETF Spots is not approved in May, it is expected that many projects in the Ethereum system will shed a lot of blood...

However, this is just an opinion from many different subjects, not for investment purposes!