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Spot Ethereum ETFs may bring up to $45 billion of inflows if a | Crypto | Ethereum | Bitcoin

Spot Ethereum ETFs may bring up to $45 billion of inflows if approved, says Standard Chartered Bank

Spot Ethereum exchange-traded funds could still be approved by their initial deadline of May 23, according to Standard Chartered Bank, despite skepticism expressed by other commentators. Earlier this year, Kendrick predicted that spot Ethereum ETFs would likely be approved on May 23 primarily because the Securities and Exchange Commission has not classified ETH as a security in its legal actions against crypto companies.

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