BLOOMBERG ANALYSTS SUBSTANTIALLY LOWER LIKELIHOOD OF SPOT ETHEREUM ETF APPROVAL IN MAY TO 30%

Summary from the TLDR Crypto newsletter

Bloomberg ETF analysts have reduced their predicted odds of a spot Ethereum ETF approval this May to 30%. The primary reason they are reducing these odds is the lack of filing changes for these products. However, the market seems to be pricing in better odds than this as Ethereum has been keeping pace with Bitcoin, surging since the launch of the spot Bitcoin ETFs in January.