Express

BlackRock CEO Remains Optimistic About Spot Ethereum ETF Launch

BitpushNews

Summary: BlackRock CEO Larry Fink said in an interview with Fox that launching a spot Ethereum ETF is still “possible” even if the U.S. Securities and Exchange Commission (SEC) designates Ethereum as a security. When asked if the next Ethereum fund would emerge, Fink said: “We’ll see.” According to reports, the US SEC is studying the ...

BlackRock CEO Larry Fink said in an interview with Fox that launching a spot Ethereum ETF is still “possible” even if the U.S. Securities and Exchange Commission (SEC) designates Ethereum as a security. When asked if the next Ethereum fund would emerge, Fink said: “We’ll see.”

According to reports, the US SEC is studying the issue of whether Ethereum is a security. Fortune reported earlier this month that the agency is seeking to classify ETFs as securities and has issued subpoenas to several crypto companies as part of the investigation.

Last Update:

Tags: ,,
Link: BlackRock CEO Remains Optimistic About Spot Ethereum ETF Launch   [Copy]
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 22 hours ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 8 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 12 days ago
  • You need to login to comment.