TD Cowen, the investment bank, provides a more defined timeline for the approval of a spot Ethereum exchange-traded fund (ETF) in the United States, suggesting it is unlikely until late 2025 or early 2026. Contrary to an earlier statement about potential approval post-November 2024, the TD Cowen Washington Research Group, led by Jaret Seiberg, emphasizes the political considerations and anticipates no approval from the SEC in 2024 for a spot Ethereum ETF.
Quotation : https://www.theblock.co/post/274853/spot-ethereum-etf-approval-2025-2026-td-cowen