Bloomberg is gated but CoinDesk have the piece up:
- Bloomberg analyst James Seyffart believes a spot ether exchange-traded fund won’t get approved in May.
- Seyffart and his colleague had previously seen a 35% chance that one or more of the issuers will receive a green light.
- Seyffart noted that the SEC hasn’t gone back and forth with issuers over the spot ether ETF, a contrast to the extensive discussions that took place before spot bitcoin ETFs were approved in January.
ETH update:
This article was written by Eamonn Sheridan at www.forexlive.com.
