There is growing ecosystem interest in an Ethereum (ETH) spot exchange traded fund (ETF), which is expected to catalyze further gains in the crypto bull market

In this regard, market maker GSR has lowered its May approval odds for an ETH spot ETF to 20%. In January, GSR had previously predicted a 75% chance of approval in May. According to TheBlock, GSR analyst Brian Rudick said, "There is reportedly little discussion between the SEC and issuers, and...