Recently, there have been widespread rumors regarding the Securities and Exchange Commission’s (SEC) negative attitude towards Ethereum ETFs, leading to increasing doubt among market analysts about the approval of an Ethereum spot ETF in May this year. According to a previous report by Zombit, Bloomberg ETF analysts Eric Balchunas and James Seyffart have expressed similar concerns and have reduced the probability of an Ethereum spot approval in May to 25%. However, despite this, Grayscale, one of the companies that has submitted an application, remains confident in the potential approval.
