Posted 1/24/2024, 9:45:08 PM
SEC Pushes Back Decision on BlackRock's Ethereum ETF Bid
- SEC delays decision on BlackRock's spot Ethereum ETF application
- BlackRock applied in November for a spot Ethereum ETF to give exposure to the 2nd biggest crypto
- BlackRock CEO sees value in an Ethereum ETF as "stepping stones towards tokenization"
- BlackRock's Bitcoin ETF started trading in January and has $1.7B assets under management
- Approval of Ethereum ETFs could come after SEC approved Bitcoin spot ETFs last year