Analysts from Bloomberg suggested the possible ratification of spot ETFs for the main altcoin in May this year by the American regulator SEC. Experts shared their opinions on the likelihood of such an event.

According to Bitget analyst Ryan Lee, the chances of this are about 50-50. Gensler, the chairman of the SEC, spoke ambiguously about the classification of Ethereum and its stablecoins as securities. Ether is widely used as an investment tool, but it also serves as a daily medium of exchange. The SEC has not yet explicitly rejected the idea of industry funds for Ethereum, but formal negotiations have not yet begun, and unforeseen events may affect the regulator's decision.

Vitaly Kitaychuk, Deputy head of ONLY BANK, believes that given the success of spot ETFs on BTC, the probability of approval of industry funds on Ethereum is quite high. However, he notes the constant changes in the cryptocurrency market and the need for a thorough risk analysis by regulators. According to his estimates, the probability of approval is 60-70%.

The CEO of UMINERS, Artyom Zeynetdinov, is confident that Ethereum, like Bitcoin, has a high chance of ETF approval. He points to the successful passage of the "Howie Test", which proved that these assets are not securities, which is important for the SEC.

Anton Toroptsev, CommEX Regional Director for Russia and the CIS, shares the opinion about the high chances of approving spot ETFs on Ethereum. He notes the popularity of this altcoin among American investors and the SEC's neutral attitude towards this asset.

Dmitry Noskov, an expert at the StormGain crypto exchange, emphasizes that although there are already futures ETFs on the market for ether, spot funds open investors access to the asset itself. He agrees with the forecast of Bloomberg analysts and believes that the first application may be approved in May or early summer.

OKX's commercial director, Lennix Lai, prefers a restrained approach, noting that it is too early to draw concrete conclusions. He believes that the SEC's decision will become clearer after reviewing the application from VanEck in May.

The head of the X2 Crypto project, Anna Rozhkova, notes the steady increase in the price of Ethereum and the support from investors. She believes that Ethereum can successfully pass the ETF approval process, however, the process may be delayed due to SEC bureaucracy.