Bloomberg Analyst: The probability of spot Ethereum ETF being approved in May is about 60%

Bloomberg analyst James Seyffart said the chance of a spot Ethereum ETF being approved in May is about 60%. "My fundamental forecast is that there's about a 60 percent chance of approval, but there are a lot of ways they can delay it," he said. "If the SEC wants to be ready and wants all issuers to go public at the same time, they'll probably do it in May." 23 unless the SEC can find some way to deny or delay the entire process and take action." If approval in May is unsuccessful, Seyffart believes the resolution will be delayed until 2025. (Blockworks)