Bloomberg Analysts: Ether ETF Approval Odds Drop to 35%
By
Ludovico Rossi
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
The odds of an Ether exchange-traded fund (ETF) approval in the U.S. have decreased to 35% from 70%, as per Bloomberg analysts. There is growing skepticism about the SEC's approval of ETH ETFs, with little movement and engagement observed. Despite hopes, recent developments indicate a decline in optimism. The SEC's cautious approach and delays on several spot ETH ETF applications have intensified concerns. However, experts and investors remain hopeful for a possible approval in the future.