Market analysts have increased their probability of Ether ETF approval based on SEC's request for exchanges to update 19b-4 filings.

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Market analysts have increased their probability of Ether ETF approval based on SEC's request for exchanges to update 19b-4 filings.

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05

Month
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21

Day
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2024

Year

12

:

00

am

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Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart raised their odds for the approval of a spot ether ETF to 75% from 25% on Monday after hearing chatter that the SEC could be taking a more favorable stance towards the applications.

Related news stories

U.S. SEC asks exchanges to update 19b-4 filings for ether ETFs

Sources

Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources

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