Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts

Summary

Bloomberg ETF analyst says chances of ether ETFs getting approved in May are slim due to lack of engagement from U.S. regulators.

1. U.S. regulators have shown a lack of engagement with potential issuers of spot ether ETFs.

2. The likelihood of spot ether ETF approval in May has decreased, according to a Bloomberg ETF analyst.

3. Investors should closely monitor regulatory developments surrounding spot ether ETFs in the coming months.