Ethereum ETFs Could Be Approved on May 23, Says Standard Chartered
The Deadline for the First Wave of Applications
According to Standard Chartered, the ETFs could be approved on May 23. This is the final deadline for the first wave of applications.
BlackRock's Ethereum ETF Application
BlackRock has filed with the US Securities and Exchange Commission (SEC) for an Ethereum ETF.
Significance of Ethereum ETF Approval
The approval of an Ethereum ETF would be a significant step forward for the cryptocurrency and the industry as a whole.
Analysis: High Chance of Approval
A recent analysis suggests an 85% chance that spot Ether ETFs will be approved by the SEC in May.
Ethereum Price Surge
The prospect of SEC approval for Ethereum ETFs has sent the price of Ethereum up by more than 20 percent.
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