Ether spot ETF's chance of May approval dropped to 20% by GSR | Bitcoin Ethereum and NFTs News 📲
Ether spot ETF's chance of May approval dropped to 20% by GSR
Crypto market maker GSR has lowered its estimate of the likelihood of a spot Ether ETF approval in May to 20%. This is a drop from GSR's January estimate of a 75% likelihood of a May spot ether ETF approval. GSR Research Analyst Matt Kunke had attributed the former optimistic outlook to Grayscale's Court of Appeals victory and the approval of Ethereum Futures ETFs in October.
