Golden Financial News: Recently, crypto market maker GSR lowered the likelihood of approval of the Ethereum spot ETF in May, from 75% to 20% previously. Analysts believe that the US SEC lacks active participation in the approval process and is affected by political pressure. It is expected that the approval process for the Ethereum spot ETF may be extended to 2025 to 2026. At the same time, Bloomberg analysts also lowered the probability of Ethereum spot ETF approval to 30%. Despite the challenges facing the market, we remain optimistic about blockchain technology and the DeFi market. Please continue to pay attention to our reports to learn more about industry trends.