“Ethereum ETF Approval Odds Increase To 75% From 25%: Bloomberg”
Spot Ethereum ETF approval odds have increased to 75% from 25%, according to Bloomberg ETF analysts James Seyffart and Eric Balchunas.
Previously, they gave the Spot ETH ETFs a 25% chance of approval, but now they predict a 75% chance.
Inside information suggests that the SEC may be changing its stance on the ETFs, leading to increased optimism.
Several spot Ethereum ETFs are currently awaiting approval by the SEC.
If approved, these ETFs could have a significant impact on Ethereum’s price and generate more interest in the cryptocurrency market.
Source: Bloomberg
