Ethereum ETFs Have 60% Chance Of 2024 Launch, Says ETF Expert: Approval Is 'Path Of Least Resistance'

Bloomberg Intelligence ETF analyst James Seyffart on Friday said spot Ethereum (CRYPTO: ETH) ETF applications are likely to get approved this year, as he emphasized the significance of the United States' approval of the spot Bitcoin (CRYPTO: BTC) ETFs. "The approval of the spot Bitcoin ETF in the United States was monu

Bloomberg Intelligence ETF analyst James Seyffart on Friday said spot Ethereum (CRYPTO: ETH) ETF applications are likely to get approved this year, as he emphasized the significance of the United States' approval of the spot Bitcoin (CRYPTO: BTC) ETFs. "The approval of the spot Bitcoin ETF in the United States was monumental due to the SEC's resistance to it," he said in a podcast.