Top Analyst on Ethereum ETF: "Silence Is Violence"

According to a recent report by Barron's, several ETF issuers have had meetings with the SEC regarding Ether ETFs. However, the regulator has yet to provide these companies with much-needed feedback.

In March, the SEC postponed its decision on multiple Ethereum ETF filings, including the one from financial giant BlackRock. , the Bloomberg ETF expert previously estimated that the odds of an Ethereum ETF being approved in May were at just 25%. Ethereum ETF proposals are facing multiple headwinds: from pressure in Congress to growing scrutiny over the regulatory status of the largest altcoin. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.

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