Expectations for Ethereum spot ETF
On the 18th, the US SEC postponed its decision on Fidelity’s application to list the physical Ethereum (ETH) ETF.
Fidelity filed its application with the SEC last November, and public comment began in December. As a result of this decision, the next scheduled decision date has been postponed until March 5th.
Bloomberg ETF expert James Seyffart commented on social media about the delay: “The SEC delay is completely to be expected. In my view, the really important date is late May.”
Following the debut of the Bitcoin ETF, there are high expectations that an Ethereum spot ETF will be approved next, but JPMorgan recently announced that it will approve the Ethereum spot ETF in May, citing the need to clarify the security nature of Ethereum. We analyzed ETFs that are unlikely to be approved by the SEC.
Among the current application stocks, the first to reach the deadline are those of Hashdex and VanEck, with results expected to be announced in May.
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