The SEC may use similar tactics for Ethereum ETFs as it did for Bitcoin ETFs.
Analysts predict a key decision in mid-May, specifically targeting May 23 for fund application deadlines.
Ethereum is expected to face initial rejections followed by eventual approval, similar to Bitcoin’s ETF journey.
The Securities and Exchange Commission could follow eerily similar tactics with its pending ruling over proposed spot Ethereum exchange-traded funds (ETFs) as it recently did with sanctioning Bitcoin ETFs, says a new Standard Chartered report. Analysts eye mid-May as a prime decision target to send ETH to $4K—if the past proves prelude.
Strategists at the global financial giant anticipate the SEC allowing ETH spot ETF trading within a year because ETH hasn’t suffered the same regulatory scrutiny from U.S. agencies as rival altcoins. That pathway suggests another round of initial rejections before fund approvals pass on deadline day this spring.
Ethereum ETFs could receive approval in May
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