May 28, 2024

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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC

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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SECAccording to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months. […]