Everyone is waiting for the Ethereum ETF bull.So when will it come (probability and timing)?
1️⃣ What did the SEC do?
SEC rejected the Bitcoin spot ETF because it wanted it.
It was forced to accept it. Because it lost the Grayscale case. After losing this case, SEC was forced to accept it. So is there a case related to Eth? No.
So what's the likelihood for today?
2️⃣ Probability of Eth
The Bloomberg ETF analysts know this best.
@JSeyff
@EricBalchunas
James' current opinion for this year is a 35% chance. For Bitcoin, this chance was 65% before the case, and after, it became 90%. And it was accepted.
It's important to understand the ratios correctly. There's always every possibility. Even today, there's a possibility of SEC accepting it.
So when does this possibility increase?
3️⃣ Time?
James is pointing to 2025 on this matter.
So he says it'll be accepted by the end of 2025. There are 2 reasons for this:
1- Elections in November 2- Gensler's situation after the elections
So will these possibilities change in the near future?
✅ Expectation?
Of course, they'll change.
I'll be meeting James face to face next week. We'll discuss the issue in more detail. Follow these people for correct information, not me.
I'm just sharing their information with you.
Thank you for reading 🙏"