Ethereum ETF Approval Chances for Next Month: A Coin Toss

By: Isha Das

According to recent reports, the chance of Ether ETFs being approved in the next month lies at approximately 50%. These reduced expectations appear to be a result of ongoing scrutiny and review of fund proposals tied to Ethereum's price, by the SEC. Moreover, if the approval doesn't come through, it's predicted that in response, lawsuits could potentially be filed against the SEC following May's decision.

Renowned banking authorities and keen observers of the crypto world seem to be bracing for further regulatory battling if Ether ETFs aren't greenlit coming May. The crypto space remains committed to watching the process unfold.