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✨ Valkyrie Anticipates No Immediate Launch of an Ethereum ETF
🌋 HANetf Anticipates Closure of Numerous Bitcoin ETFs
🌋 AllianceBernstein Anticipates SEC Approval for Ethereum ETF
Asset management firm AllianceBernste posits that Ethereum (ETH) might be the only cryptocurrency to follow Bitcoin in receiving the green light from the U.S. Securities and Exchange Commission (SEC) for the launch of an exchange-traded fund (ETF). Analysts from the firm estimate a 50% chance of an Ethereum ETF being approved by May 2024, with the likelihood nearing 100% by the end of the year.