Industry pundits believe spot Ethereum ETFs have a clear path to approval in 2024, with one predicting trading to begin as early as the second quarter.
With 11 spot Bitcoin (BTC) exchange-traded funds approved on Jan. 10, spot Ether (ETH) ETFs should have a clear path to approval in 2024 — and one analyst is even tipping a 70% chance of approval by May.
Bloomberg ETF analyst Eric Balchunas previously told Cointelegraph he couldn’t see a scenario where spot Bitcoin ETFs are approved but spot Ether ETFs aren’t.
Balchunas also noted he had heard “on the back channels” that spot Ether ETFs “will be fine.”
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Source: https://cointelegraph.com/news/spot-ethereum-etf-next-for-sec-approval-analysts