Standard Chartered Expects SEC to Approve Spot Ethereum ETFs in May, Pushing ETH to $4,000
January 31, 2024
Standard Chartered has predicted that the U.S. Securities and Exchange Commission (SEC) will likely approve a spot ethereum exchange-traded fund (ETF) in May. The banking giant’s analyst foresees the price of ether rising to $4,000 by the expected approval date.
Standard Chartered’s Ethereum ETF Prediction
Standard Chartered published a note on Tuesday detailing why it expects the U.S.