Will the Ethereum ETF be approved in May?

I think it is more difficult to judge this than whether the Fed will cut interest rates, because there is no clear and open policy and standard, so the US regulatory authorities have a lot of room for operation. Since there is a lot of room for operation, it will inevitably involve many interests and compromises. The biggest game force here is probably the consortium and regulatory authorities on Wall Street.

In the long run, I believe that this ETF will definitely pass, because the consortium has seen and reaped huge dividends from the Bitcoin ETF, and it is impossible to leave the second largest asset Ethereum alone.

For example, BlackRock's various public actions and calls on the Ethereum ETF are the most obvious signs.

For example: From a normal logic, if the Ethereum ETF is approved, there is no reason to block the other series of POS blockchain ETFs; but now the Bitcoin ETF has just been approved for a short time, and so many ETFs have been approved one after another, and supervision will be questioned again......$BTC