While the prospects of a spot ether exchange-traded fund receiving approval from the U.S. Securities and Exchange Commission are up for debate, one ETF expert remains largely pessimistic. Bloomberg Senior ETF Analyst Eric Balchunas posted on X today their belief that the odds of an ether ETF garnering approval are "a very pessimistic 25%." "Personally hope they do approve it but it just ain't looking good," he added.
