Analyst Balchunas revised his prediction for an Ether ETF approval by May, reducing the likelihood from 70% to 35%.

Claim

Name

Analyst Balchunas revised his prediction for an Ether ETF approval by May, reducing the likelihood from 70% to 35%.

Types

Quotes that support the claim

Balchunas lowered his formal odds for an Ether ETF approval by May from 70% to 35%. The analyst reiterated his stance on the pending approvals and echoed Van Eck’s sentiments in an X post on April 9. The analyst reduced his approval odds to 35% in March.

Sources

Ethereum ETF approval uncertain amid SEC concerns

Tags

Key insights of the news event "ETF approval uncertain amid SEC concerns"

Topics