Tron Founder Says $ETH ETFs Won’t Get Approval in May 2024
Justin Sun, the popular entrepreneur who founded the Tron blockchain, has recently voiced his opinion on the Ethereum ETFs. As per Sun, the current scenario around the authorization of the Ethereum exchange-traded funds is not very optimistic and the authorities won’t approve them in May. The famous entrepreneur took to its official X account, saying that the crypto market still requires significant preparation.
My honest opinion (NFA) is that an Ethereum ETF won't be approved in May. The crypto industry still needs to prepare for a long-term education with regulators, focusing on helping them understand crypto. But we've always been here, haven't we?
