According to The Block, Geoffrey Kendrick, Director of Forex and Digital Asset Research at Standard Chartered Bank, pointed out in a report on the 31st that the SEC did not consider ETH listed on major cryptocurrency exchanges as securities in its previous enforcement actions. In addition, the listing of ETH futures on the Chicago Mercantile Exchange (CME) further indicates that the approval of spot ETFs is foreseeable.
SEC Rejects Grayscale Again, Standard Chartered Bank Predicts Ethereum Spot ETF Approval in May