By Kevin Helms 22 May 2024 | 12:07 am
Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows of $15 billion to $45 billion into ether within the first year […]