Ethereum ETF has a big reversal!
Eric Balchunas, senior ETF analyst at Bloomberg, just claimed to have heard rumors in the afternoon that the SEC has made a big turn on the ETH ETF and set the probability of ETF approval at 75%.
On May 15, the analyst said that based on some behaviors, ETH is regarded as a security by the SEC, and the probability of ETF approval is 0.
On May 23, VanEck's ETF will face the final review of the SEC.
