TechFlow reports, Forbes journalist Eleanor Terrett said on X that optimism about the SEC approving a spot $ETH ETF by May 23 is fading.
She stated: "Recent meetings have largely been one-sided, with issuers and custodians trying to rally SEC staff to move the process forward, but the staff hasn't really engaged in any meaningful way, unlike how they did during the review of BTC spot ETF applications."
She also heard that the SEC chair believes he has already appeased the industry by approving the BTC spot ETF.
In addition, influential anti-crypto politicians such as Senator Warren are already angry about the SEC's approval of BTC ETFs and are mobilizing to oppose the same outcome for ETH.
Add to Favorites
Share to Social Media
