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.

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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.

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

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https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/

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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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Market analysts have increased their odds for Ethereum spot ETF approval after the SEC requested exchanges to amend form 18b-4 filings, which reflects optimism about the SEC's stance.

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