The probability of Ethereum spot ETF being approved is 70%
The U.S. SEC will make decisions and approve five Ethereum spot ETFs before the end of May, but it may be postponed to August to make a final decision.

The U.S. SEC will make decisions and approve five Ethereum spot ETFs before the end of May, but it may be postponed to August to make a final decision.
Industry pundits see clear signs of approval for a spot Ethereum ETF in 2024, with some predicting trading could begin as early as the second quarter.
Donald Trump’s first official NFT collection was the talk of the crypto world late last week, captivating Twitter and late night TV in the process.
Since the start of the year, the cryptocurrency market has lost almost $1 trillion in market cap due to the downward pressure imposed on it, culminating in a run of bankruptcies involving crypto hedge funds and lenders, including Celsius Network, Voyager Digital, and Three Arrows Capital, and the scaling back of operations at firms like Blockchain.com and Coinbase.
The world’s first Bitcoin ETF, launched amid great fanfare in the U.S. a year ago, has tanked dramatically – losing more money than any other ETF debut.
Italy appears to be subjecting crypto companies that are seeking approval to operate on its soil to less scrutiny than other countries.
On Sunday, the multichain decentralized exchange aggregator Transit Swap suffered an exploit resulting in $23 million losses.
Overnight, $21 million was taken from multi-chain DEX Transit Swap.
Highly controversial WeWork Founder Adam Neumann is now back with more than $70 million in funding for a new crypto ...
A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price.