Standard Chartered: Ethereum ETF is unlikely to be approved in May

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Standard Chartered Bank said in a report that the Ethereum ETF is unlikely to be approved in May, after it had expected the SEC to approve it in May. Standard Chartered Bank believes that digital assets have passed the worst period and the market is ready for recovery. The bank reiterated its year-end price targets for Bitcoin and Ethereum at $150,000 and $8,000, respectively.



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