Coinbase hopes for approval of spot Ethereum ETFs in May, with estimated odds of 30-40%. Research analyst David Han suggests that the correlation between CME futures and spot exchange rates, which was important in the SEC's approval of spot Bitcoin ETFs, could also facilitate for approval of spot Ethereum ETFs.
The Senate's bipartisan vote to repeal the SEC's SAB 121, a rule that has generated mixed reactions in the cryptocurrency industry, now faces a potential veto from President Biden, who always agrees with the SEC's stance.
Dr. Massimiliano Sala, a renowned mathematics professor at the University of Trento, recently issued a stark warning about the vulnerability of current encryption methods used in blockchain systems. In a thought-provoking lecture series hosted by Ripple, Sala emphasized the urgent need to replace existing public-key cryptosystems with quantum-resistant alternatives.
