The U.S. SEC will review applications for several Ethereum spot ETFs before the end of May

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2024/01/11 04:24

According to Cointelegraph, the U.S. SEC needs to make approval decisions on several Ethereum spot ETF applications before the end of May, including VanEck, Ark 21Shares and Hashdex Ethereum ETFs, with final deadlines on May 23rd, May 24th and May 30th.

Bloomberg ETF analyst Eric Balchunas previously stated that after the SEC approved Bitcoin spot ETFs, he expects a 70% chance of Ethereum spot ETFs being approved in May.

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