TechFlow News — Jake Chervinsky, Chief Legal Officer at Variant Fund, said legal issues make a rejection of spot Ethereum ETFs in May more likely than the prevailing market sentiment suggests.
He stated on X: "I'm not saying a spot Ethereum ETF won't be approved by May 23. I'm just saying the legal landscape and policy environment in Washington, D.C. make a rejection (or an SEC request to withdraw) more likely than the current sentiment reflects."




