Standard Chartered Predicts May Approval for Ethereum ETF, $4K Price Target

Standard Chartered Bank Predicts SEC Approval of Ethereum ETF by May

Standard Chartered Bank has made a positive prediction that the United States Securities and Exchange Commission (SEC) will approve a spot Ethereum ETF by May. The bank anticipates that the SEC will make a decision on May 23, following a similar approval pattern as the spot Bitcoin ETF, which was approved on Jan. 10.