BitcoinWarrior

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Standard Chartered Expects Ethereum ETFs Approval By May 23, Predicts $4k Price Target

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Benzinga

Standard Chartered expects the Securities and Exchange Commission (SEC) to handle spot Ethereum (CRYPTO: ETH) ETF applications in the same way it handled Bitcoin (CRYPTO: BTC) ones and approve pending applications by May 23. In a research report released Tuesday, Standard Chartered also predicted the price of Ether to spike up to $4000 by then if it performs similarly to BTC in the run-up to the ETF approvals. Furthermore, it stated that the slowdown in Grayscale Bitcoin Trust (OTC: GBTC) selling in the past few sessions should also help revive the BTC price uptrend. SEC’s Strategy And Market …

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