Analysts pessimistic about “Ether Spot ETF,” but Grayscale remains confident of approval: Most issues resolved during Bitcoin ETF era.

Recently, there have been widespread rumors about the Securities and Exchange Commission (SEC) adopting a negative attitude towards an Ethereum ETF, leading to increasing skepticism among market analysts regarding the approval of an Ethereum spot 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 have lowered the probability of Ethereum spot approval in May to 25%. However, despite this, Grayscale, one of the companies that has submitted an application, remains confident in the potential approval.