Head of Galaxy Research: Spot Ethereum ETF highly unlikely to be approved in May

日期：2024-03-23 点击数：

Approval of a spot Ethereum exchange-traded fund (ETF) in May now looks “extremely unlikely,” according to Alex Thorn, head of research at Galaxy Digital. The U.S. Securities and Exchange Commission (SEC) has issued subpoenas to crypto companies with ties to the Ethereum Foundation, which, combined with the SEC’s lack of active engagement with ETF applicants two months before the first deadline, led to approvals in May. cast a lot of doubt on the possibility.

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