Many experts in the cryptocurrency and traditional financial industry are looking at the approval of spot Ethereum ETFs as likely.
After the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs, all eyes turned to a possible Ethereum ETF.
Right now largest spot Bitcoin ETF Dave LaValle, ETF manager of Grayscale, which manages the ETF, said: “They will have to wait and see and look at the information available.”” told.
Several companies, including Grayscale and BlackRock, the world’s largest asset manager, have already applied to establish these funds.
SEC on Ark Invest & 21Shares application for spot Ethereum ETF A final decision will be made in May. will take.
LaValle expects SEC to approve spot Ethereum ETFs by May give it a 50% chance added.