The Prospects of the Ethereum Spot ETF #SECETF审批 : The SEC's Next Focus?

The market is concerned whether the SEC will approve the Ethereum Spot ETF, but the current situation is complex:

Optimistic factors: ETH futures ETFs have been listed, and CME Ethereum futures have been running for many years.

Obstacles: The SEC has not clearly defined whether ETH is a security, and may require stricter regulatory scrutiny.

Bloomberg ETF analysts predict a 50% probability of approval before May 2024. If approved, it will further enhance the legitimacy of cryptocurrency as an asset class.