The Key Role of the US Presidential Election: Ethereum Spot ETF Expected to Launch by the End of 2025

According to the report by DLNews, the U.S. Securities and Exchange Commission (SEC) may reject the application for an Ethereum spot ETF on May 23. ETF analyst Eric Balchunas from Bloomberg states that this suggests an Ethereum spot ETF may not be available until the end of 2025, with the U.S. presidential election playing a crucial role in the process.

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