Ethereum ETF Approval Odds Increase To 75% From 25%: Bloomberg
Spot Ethereum ETF approval odds have increased to 75% from 25%, according to Bloomberg ETF analysts. Several spot Ethereum ETFs are currently awaiting approval by the SEC. Bloomberg ETF analysts James Seyffart and Eric Balchunas previously gave the Spot ETH ETFs a 25% chance of approval, but now have upped their prediction to a 75% chance. In a post to X (formerly Twitter), Eric Balchunas shared that he and Seyffart received inside information that there is chatter in the SEC that the regulator is changing their stance on the ETFs. The two analysts are awaiting filing updates to fine-tune their predicted odds, however, now everyone who previously thought the ETFs would be denied is “scrambling.” Seyffart also added in a post that we “should see a bunch of filings over coming days.” Update: @JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), ...