Last night, Bloomberg analysts raised the probability of the approval of the Ethereum spot ETF on 5/23 to 75%. Coinbase, the custodian of Bitcoin and Ethereum spot ETFs, believes that approval is just a matter of time. It is unlikely that the Ethereum spot ETF supporting staking will be approved in the short term, and the SEC will not approve all of them at once.
Coinbase: Ethereum Spot ETF Approval Hinges on Staking, SEC Won’t Approve All at Once
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