Coinbase Analyst: The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%
In a report on May 15, Coinbase institutional research analyst David Han stated that the main factor leading to the SEC's approval of spot Bitcoin ETF is the correlation between CME futures products and spot exchange rates, which may also lead to its approval of spot Ethereum ETF. The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WLFI: Token buyback will be carried out on Aster through a public wallet
Layer 33 calls for a pause on removing validators under the new Solana Foundation regulations
HIVE’s Bitcoin output jumps 49%, but mining revenue still falls
Asia-Pacific stock markets follow the overnight rally in US tech stocks, with South Korea's KOSPI up 5% at the open, SK Hynix surging more than 7%, and Nikkei 225 rising over 2%.
This round of rebound occurred after the market experienced severe turbulence. Last week, concerns over the potential for stricter regulation of the artificial intelligence industry, due to the US Congressional election results, triggered a large-scale sell-off in chip stocks. Several market participants believe that this rebound indicates investors have not abandoned the AI trading narrative, and last week’s sell-off was more about position adjustments rather than a trend reversal.
Crypto prices
More
