Analysts Pessimistic About “Ether Spot ETF” Approval! Grayscale Remains Confident: Most Issues Resolved During Bitcoin ETF Era

Analysts Pessimistic About "Ether Spot ETF" Approval! Grayscale Remains Confident: Most Issues Resolved During Bitcoin ETF Era

Analysts Pessimistic About "Ether Spot ETF" Approval! Grayscale Remains Confident: Most Issues Resolved During Bitcoin ETF Era

Recently, there have been widespread rumors about the US Securities and Exchange Commission’s (SEC) negative attitude towards Ethereum ETF, leading to increasing skepticism among market analysts regarding the approval of a spot Ethereum ETF in May this year. According to a previous report by Zombit, Bloomberg ETF analysts Eric Balchunas and James Seyffart have expressed similar concerns and lowered the probability of Ethereum spot approval in May to 25%. However, despite this, Grayscale, one of the companies that submitted an application, remains confident in the potential approval.