"Analysts Assess Likelihood of SEC Lawsuits Over Rejected Ethereum ETFs"

Analysts are divided on the possibility of litigation if Ethereum ETFs are rejected in May, with some speculating that Grayscale may sue the SEC while others, like JPMorgan, expect a litigation process if approval is not granted. The odds of approval for spot ETH ETFs in May remain low, with executives from potential issuers expressing pessimism about the outcome. Despite this, Grayscale's CLO remains confident of approval and warns against assuming the regulator's lack of engagement indicates a specific outcome.