đŽ NEWS FLASH:
The SEC will most likely deny BlackRock's Ethereum ETF application (& others).
Keep reading đ (RT so others understand this)
Think about it: the Bitcoin spot ETF applications continue to get denied. Why wouldn't ETHs?
Gary Gensler wants to give Ethereum an even HARDER time than he's given Bitcoin (even though Ethereum is a commodity).
Here is the bottom line: If that happens (Ethereum ETF application denial) that might be good buying opportunity as (just like w Bitcoin) the SEC will have to approve the $ETH ETF eventually.
It might even play out where a Bitcoin ETF gets approved, but the SEC still will deny the Ethereum ETF for a bit.
Exciting times. đ€© What do you think will happen? Do you think a spot Ethereum ETF is now inevitable?