Standard Chartered expects SEC to greenlight spot Ether ETF this week

Standard Chartered — a financial giant with over $800 billion in assets under management — said it expects the United States Securities and Exchange Commission (SEC) to approve spot Ether exchange-traded funds (ETFs) by May 24.

Standard Chartered’s head of FX and digital assets research, Geoff Kendrick, said they are “80% to 90%” certain that the SEC will approve spot Ether ETFs later this week.