Posted 3/19/2024, 8:36:43 PM
Ethereum ETF Approval in May Unlikely, Experts Cite Lower Demand and Legal Hurdles
- Ethereum ETF approval in May looks increasingly unlikely according to experts
- Some argue delaying approval will allow more adoption of Bitcoin ETFs by traditional finance
- Surveys show lower institutional demand for Ethereum compared to Bitcoin
- Legal issues around staking may further complicate ETF approval
- Investors expecting approval in May likely to be disappointed given SEC's history of delays
