Will there be an SEC approval for a Spot Ethereum ETF before May 23rd, 2024?

Question

With the SEC approving Spot Bitcoin ETFs recently, attention has turned to Ethereum as the next ETF opportunity. So will the SEC give approval to any financial firm to offer a spot ETH ETF by their deadline date?

JP Morgan says it is 50/50, what do you think?

https://www.coindesk.com/markets/2024/01/19/no-more-than-50-chance-of-spot-ether-etf-approval-by-may-jpmorgan-says/

Manifold Markets · Accepted Answer

No — resolved on May 25, 2024 by Manifold Markets prediction market.