Coinbase Analyst: The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%

In a report on May 15, Coinbase institutional research analyst David Han stated that the main factor leading to the SEC's approval of spot Bitcoin ETF is the correlation between CME futures products and spot exchange rates, which may also lead to its approval of spot Ethereum ETF. The possibility of the SEC approving a spot Ethereum ETF by the end of this month is between 30% and 40%.