Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months. […]
Go to Source
Author: Jamie Redman
Related posts:
- Brazil Approves First Latam Based Ethereum ETF
- SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
- SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
- Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF