Analysts speculate timing of spot Ethereum ETF

Bloomberg ETF analysts Eric Balchunas and James Seyffart anticipate a possible announcement from the U.S. Securities and Exchange Commission (SEC) regarding a spot Ethereum ETF around 4 p.m. local time on May 23. They note historical patterns of similar announcements and suggest the timing could coincide with the close of the U.S. market, although the exact timing remains uncertain.