Ether ETF Approval Outlook for May by Bloomberg Analyst

Wednesday, 20 March 2024, 02:43

Bloomberg analyst James Seyffart predicts a low likelihood of a spot ether exchange-traded fund being approved in May. Despite initial chances, the SEC discussions have been minimal compared to the spot bitcoin ETF approval process. Find out more insights in this article by Eamonn Sheridan.
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Ether ETF Approval Outlook for May by Bloomberg Analyst

Spot Ether ETF Approval Prediction

Bloomberg analyst James Seyffart believes the approval for a spot ether exchange-traded fund in May is unlikely. The SEC has shown minimal engagement with the issuers, contrasting with the process for spot bitcoin ETFs.

Key Insights:

  • Low Chances: Seyffart and colleagues estimated a 35% approval possibility, now seen as doubtful.
  • SEC Evaluation: The SEC's limited discussions raise concerns for ether ETF approval.

Impact on Investors

This analysis provides important cautionary advice for investors considering ether ETFs amidst regulatory uncertainties.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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