Standard Chartered Bank Expects Approval for Ethereum ETFs by May 23
Standard Chartered Bank predicts that the Securities and Exchange Commission (SEC) will treat spot Ethereum (ETH) ETF applications in a similar manner to Bitcoin (BTC) ETFs. The bank expects the approvals to come through on May 23, and they believe that the approval will have a positive impact on the price of Ethereum. This news is significant for investors looking to gain exposure to cryptocurrencies through ETFs and could lead to a surge in the price of Ethereum.
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