No Signs of Approval for Physical Ether ETF Before Year-End, Says Financial Lawyer Scott Johnsson

Financial lawyer Scott Johnsson predicts that the SEC will reject the Ethereum ETF next month on the X platform, and it is likely that nothing will be approved later this year. He stated, “The SEC will be forced to lock in a path within the next 60 days. This will have a direct impact on ETH, but also a significant indirect impact on the broader field. There are still many things that need to be resolved, and I would not be surprised if the SEC makes another non-forced error. I am leaving some room for a change in political winds, but I don’t see any signs that this is likely to happen.”