Yesterday, Bloomberg increased the approval odds of the Ethereum spot ETF from 25% to 75%, suggesting a potential shift in direction by the Securities and Exchange Commission (SEC) of the United States.
This change of direction could have significant implications for the cryptocurrency market, especially for Ethereum (ETH), which has already seen a surge in prices following the speculations.
The SEC’s position on approval forecasts for the Ethereum Spot ETF
Historically, the SEC has been reluctant to approve spot cryptocurrency ETFs, citing concerns about market manipulation and investor protection. However, recent signals indicate that the agency may be ready to reconsider its position.
The analysts at Bloomberg, Eric Balchunas and James Seyffart, have increased the approval odds after receiving indications of a possible political shift within the SEC. This change could be due to growing political pressure and increasing demand from institutional investors.
The appr
We współpracy z: https://en.cryptonomist.ch/2024/05/21/sec-new-forecasts-for-the-ethereum-spot-etf/
