Spot Ethereum ETFs Will be ‘Ultimately Denied’ Following Latest Delays: Analysts

Crypto Blog

On March 19, the US Securities and Exchange Commission delayed its decision on whether to approve spot Ethereum ETFs from Hashdex and Ark 21Shares.

The first final deadline, however, is for the VanEck spot ETH ETF, which is on May 23. This will set the precedent for the rest of them.“We now believe these will ultimately be denied May 23rd for this round.” ETF Store President Nate Geraci said it was not a good sign but added that the regulator “isn’t completely checked out” because it recently met with Coinbase and Grayscale attorneys on this topic.I don’t know this as fact btw, assuming BBG does.

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