TechFlow news, Bloomberg ETF analyst James Seyffart said the probability of spot Ethereum ETFs being approved in May is around 60%. If not approved in May, Seyffart believes the decision would be postponed to 2025.
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on Ethereum ETFs from institutions including BlackRock, Grayscale, Ark 21Shares, and VanEck.
Grayscale's Chief Legal Officer Craig Salm stated that they expect the SEC to make a decision by the summer of 2024.




