TLDR Crypto · MARKETS & BUSINESS

ETH ETF LOW CHANCE OF MAY APPROVAL

coindesk.com1 min read

Summary from the TLDR Crypto newsletter

JPMorgan estimates that the chances of spot ether ETF approval in May are no more than 50%. The company suggests that, based on recent litigation outcomes and decreasing concentration in Ethereum staking, the SEC will eventually have to approve spot ether ETFs.