GSR Forecast: Ether Spot ETF Chance of Approval Drops to 20% in May, Approval Likely in 2025-2026
Cryptocurrency market maker GSR has lowered its forecast for May ethereum spot ETF approval to 20 percent. Cryptocurrency market maker GSR has lowered its estimate for spot ethereum ETF approval in May to 20 percent. a GSR analyst now predicts that any approval process for a spot ethereum ETF could take longer. He added: "Our best guess is that the process will take longer, may involve litigation, and we now believe that spot ethereum ETFs are most likely to be approved between 2025 and 2026."
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