Will SEC be sued if Ethereum ETFs are rejected? Analysts weigh in

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Bloomberg ETF analyst Eric Balchunas foresees no litigation in case SEC reject spot ETH ETF in May. But JPMorgan analyst believes otherwise.

But the odds of approval in May remain very low across the board.ETF approval odds in May seem unlikely. However, some have been quick to imagine what would happen if the ETH ETFs faced rejection in May.

“If there is no spot Ethereum ETF approval in May, then we assume there is going to be a litigation process after May.” In a recent CNBC interview, VanEck CEO, Jan van Eck, compared the spot BTC ETF approval process to its ETH ETF filing and stated that “right now, pins are dropping as far as Ethereum is concerned.”

 

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