Bloomberg is gated however CoinDesk have the piece up:
- Bloomberg analyst James Seyffart believes a spot ether exchange-traded fund will not get accepted in Could.
- Seyffart and his colleague had beforehand seen a 35% likelihood that a number of of the issuers will obtain a inexperienced gentle.
- Seyffart famous that the SEC hasn’t gone forwards and backwards with issuers over the spot ether ETF, a distinction to the intensive discussions that befell earlier than spot bitcoin ETFs had been accepted in January.
ETH replace:
This text was written by Eamonn Sheridan at www.forexlive.com.