Bloomberg analysts: The likelihood of Ethereum spot ETF approval before May has dropped to 35%, but it will still happen in the long term

2024-03-11 23:53:32

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ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas predicts that the likelihood of Ethereum spot ETF approval before May has decreased from 60-70% to 35%.

Eric Balchunas stated, "All bullish signs/sources for Bitcoin spot after 2.5 months are absent this time. But note, it's 35% not 0%, which means it's still possible, and in the long run, we believe it will happen."

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