Ethereum ETFs Dream Wanes: Approval Odds Drop Significantly To 35%
Summary
Approval odds for Ethereum Exchange-Traded Funds (ETFs) have dropped to 35%, down from an initial estimate of 70% by May. Bloomberg analysts Eric Balchunas and James Seyffart express doubts about approval, citing a lack of positive indicators. Despite this, there is still a chance for approval in the long term. The World’s largest prediction market, Polymarket, also confirms the decline in acceptance odds, currently at 36%.
