Bloomberg ETF analyst Eric Balchunas said that there is a 70% chance that an Ethereum spot ETF will be approved in May. Digital asset lawyer Joe Carlasare believes that an Ethereum spot ETF will be approved this year, but the approval process may take longer than expected. In addition, the SEC needs to make approval decisions on multiple Ethereum spot ETF applications, including VanEck, Ark 21Shares, and Hashdex, by the end of May. (Cointelegraph)

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