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Bloomberg analysts predict that Ether ETFs likely won't get approved in May.

Analyst James Safer wrote on X that the SEC hasn't engaged with issuers on Ethereum specifics,

noting that this is the exact opposite of the regulator's actions with the spot Bitcoin ETF.

Seven issuers are hoping to launch

an ether fund, including BlackRock and Fidelity. And while the SEC postponed a decision

previously, it will have to make a decision by May 23rd, the final deadline for one of the applicants.

3AC co-founder Kyle Davies was on an episode of The Unchained podcast and said that he won't

apologize for the company going bankrupt. He said, quote, am I sorry for a company going bankrupt?

No, like companies go bankrupt, almost every company goes bankrupt, right? And quote, Davies and

Suu co-founded Three Arrow's Capital in 2012

and suffered heavy losses mid-2020 during the crypto market downturn.

And according to sources, Polygon paid Starbucks $4 million to host the coffee companies now

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