Grayscale ETF Director: The possibility of a spot Ethereum ETF being approved in May is 50%
Grayscale ETF Director Dave LaValle was asked at the annual ETF conference in Miami if Grayscale would sue the SEC again if it refused to convert its Ethereum trust into a spot ETF. LaValle said that Grayscale will "have to wait and see what happens," adding that he thinks there is a 50% chance of approval in May.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The HyperLiquid team has unstaked 2.6 million HYPE tokens, of which 609,000 were sent to an OTC platform.
Publicly listed company Prenetics increases its total bitcoin holdings to 504.
BTC holdings of the Australian Monochrome spot Bitcoin ETF have risen to 1,158.