Ether ETF Approval by May 31st: Odds Rise to 75%
Polymarket Contract Points to Increased Optimism
A Polymarket contract asking whether an ether ETF would be approved by May 31st has surged from 10 cents to 55 cents, indicating a 55% chance of approval.
SEC Hints at Potential Approval
The SEC has hinted at the possibility of approving Ether ETFs, with Gary Gensler, the SEC chairman, suggesting a last-second approval. Standard Chartered also predicts that the ETFs could be approved on May 23rd.
Bloomberg Intelligence Raises Approval Odds
Bloomberg Intelligence analysts James Seyffart and Eric Balchunas have raised the odds of approval for Ether ETFs to 75% from 25%.
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