Analysis: Ethereum Options IV Expires at the End of May Shows Rising Uncertainty of Ethereum Spot ETF Approval

According to an analyst, Ethereum Options IV expiring at the end of May show that the uncertainty of Ethereum spot ETF approval is increasing, and the price is expected to fluctuate sharply. The SEC will make a decision on the VanEck ETH spot ETF application on May 23. In January this year, Bloomberg Intelligence analyst James Seyffart put the probability of approval in May at 60%, which later dropped to 35%. (The Block)