jakiro
Author: Jack Inabinet, Bankless; Compilation: Deng Tong, Bit Chain Vision World Realm
Bloomberg’s ETF analyst suddenly raised the chance of approved the spot Ethereum Etf from 25% to 75%!
Follow the main points:
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Change the decision:Bloomberg ETF senior analyst Eric Balchunas claimed that SEC suddenly changed its decision to refuse the spot ETH ETF, which led the issuer to script for the first final decision to complete the application before the deadline on May 23.
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Political motivation:Although the Biden government has adopted a radical anti -crypto currency policy in recent weeks, Balchunas pointed out that the increasingly politicized cryptocurrency is the driving factor behind this sudden change.
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Market impact:For the possibility of the Ethereum spot ETF approval, the market sentiment is obviously negative -according to the hidden odds of market market implicit odds, the possibility of approval this morning is only 11% -but now this probability has been since January since January since January.More than 50%for the first time, because ETH/BTC ratio is rebounding strongly.
Author’s point of view:
Although Balchunas saidPolitical pressure forced the SEC to succumb to its denial, but the approval of Ethereum ETF seemed to be inevitable within a few months.
ETF experts have previously praised the lack of meaningful communication between SEC and the proposed issuer. It is a danger signal that shows denied.Out, consolidating Ethereum as a non -securities position.
As experts once again confidently approved, participants in the encryption market agreed that Ethereum ETF would likely be approved on Thursday.
