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Ethereum Forum / Will we really see an Ethereum ETF?
« on: April 06, 2024, 11:37:10 AM »
At the beginning of this year, the SEC approved the first bitcoin ETF spot, which led many to speculate that Ethereum is the next one and even some applications from Fidelity, Bitwise, and Grayscale, but what makes me doubt that this will happen soon is
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?
- The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
- ETH staking, as there is an additional return from holding Ethereum.
- Securities and Exchange Commission is investigating whether Ethereum should be classified as a security
I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?