Coinbase Analyst: The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%
In a report on May 15, Coinbase institutional research analyst David Han stated that the main factor leading to the SEC's approval of spot Bitcoin ETF is the correlation between CME futures products and spot exchange rates, which may also lead to its approval of spot Ethereum ETF. The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Current BTC concentration is 11%, probability of significant short-term price fluctuations is low
Yesterday, Bitcoin ETF saw a net outflow of $277 million.
Trending news
MoreCrypto prices
More
