Eight potential issuers, including BlackRock, have submitted filings with the SEC to bring a spot ether exchange-traded fund (ETF) to the market. The final decision by the regulator is due in May, with industry experts predicting that applications won’t get approved, regardless of what the SEC finds the nature of ether to be.
BlackRock (BLK) CEO Larry Fink Says an Ether ETF Is Possible Even if SEC Deems ETH a Security
