Galaxy Research Director: The likelihood of Ethereum spot ETF getting approved in May is extremely low
2024/03/23 13:42
Alex Thorn, the director of research at Galaxy Research, stated that due to the subpoena issued by the U.S. SEC regarding its relationship with the Ethereum Foundation, coupled with a lack of proactive engagement with ETF applicants two months before the first deadline, it now seems "extremely unlikely" for an Ethereum spot ETF in May.
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