Coinbase analyst: The likelihood of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%

ChainCatcher news, Coinbase institutional research analyst David Han stated in a report on May 15 that the main factor leading to the SEC's approval of a spot Bitcoin ETF is the correlation between CME futures products and the spot exchange rate, which may also lead to its approval of a spot Ethereum ETF. The likelihood of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%.