The Block reported in January that according to forecasts made by Standard Chartered Bank, it is expected that the U.S. Securities and Exchange Commission (SEC) will approve the introduction of spot Ethereum exchange-traded funds (ETFs) by May 2025. The text refers to a research report, quoted as “250.83,” which predicts that the timeline and methods observed in the Securities and Exchange Commission’s (SEC) past approvals for spot Bitcoin Exchange-Traded Funds (ETFs) will likely be similar for the classification of Ethereum ETFs. Geoffrey Kendrick, who leads the research on forex and digital assets at Standard Chartered, believes that Ethereum ETFs are probable to get the green light, considering the SEC’s past attitude towards ETH. Ethereum has managed to dodge being labeled as a security, unlike some other digital currencies, which have faced this classification in lawsuits involving cryptocurrency companies. Furthermore, the listing of ETH as an official futures contract on the Chicago Mercantile Exchange strengthens the chances of it getting the green light. Kendrick anticipates more than just regulatory consent; he foresees a possible surge in Ethereum’s value to $4,000, reminiscent of the increase in Bitcoin’s value before it received ETF approval. He made an observation: Should ETH’s value trajectory follow a pattern akin to that of BTC’s before the sanctioning of a Bitcoin ETF, it’s possible that ETH’s price might soar to around $4,000 by that point. Fonds, die an Börsen gehandelt werden, die sich auf Ethereum konzentrieren. The possibility of Ethereum-based exchange-traded funds comes with its own complexities.