EddieJayonCrypto
27 Mar 24
html BlackRock CEO Larry Fink expressed confidence that an ether ETF could still be possible, even if the U.S. SEC designates ether as a security, despite ongoing regulatory scrutiny. The SEC is currently investigating whether ether should be classified as a security, which has raised concerns about...
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BlackRock CEO Larry Fink expressed confidence that an ether ETF could still be possible, even if the U.S. SEC designates ether as a security, despite ongoing regulatory scrutiny. The SEC is currently investigating whether ether should be classified as a security, which has raised concerns about the possibility of an ether ETF in the U.S. However, BlackRock, along with seven other potential issuers, has submitted filings for a spot ether exchange-traded fund, with a final decision from the regulator due in May. Additionally, BlackRock's iShares Bitcoin Fund (IBIT) has been highly successful, collecting over $15 billion in assets in just 2 1/2 months.
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