Morgan Greek Capital CEO gives less than 50% odds a spot Ethereum ETF will be approved in the U.S. this year.
The United States Securities and Exchange Commission (SEC) is unlikely to approve a spot Ethereum ETF this year despite optimism sparked by the recent approval of the first spot BItcoin ETF, according to Morgan Creek Capital CEO and co-founder Mark Yusko.
In a recent interview, Bloomberg ETF analyst Eric Balchunas, said there is a 70% chance a spot Ethereum ETF will be approved by May. However, Yusko disagrees.
"I'd probably say less than 50/50," he said in an exclusive Cointelegraph interview.
