Ethereum ETF Approval Probability Raised to 75%

The prospects for approval of Ethereum spot ETFs have greatly improved. Bloomberg ETF analyst Eric Balchunas published a post on May 20 pointing out important changes to X. He raised the probability of approval from 25% to 75% following rumors that the SEC was revisiting its stance. Eric Balchunas believes that the Ethereum ETF has at least a partial chance of approval before the final decision date for the VanEck Ethereum ETF application, which is Thursday.

Balchunas said that the SEC will approve the 19b-4 application for an ETH ETF that allows listing on an exchange. He raised the confidence level to 75% that the SEC will make significant changes. However, they still need S-1 approval and detailed registration documents for each ETF. He claimed that this move will give the SEC enough time to fully review each application before making a final decision. #比特币披萨节 #以太坊ETF批准预期 #ETH