#ETH Blackrock CEO Larry Fink Sees A Case For Spot Ethereum ETF, But Will It Get Approval?

KEY TAKEAWAYS

Blackrock CEO Larry Fink said he "sees value" in an Ethereum ETF in a recent interview.

Blackrock, Fidelity, VanEck, and others have already filed for spot Ethereum ETFs, with some of the final deadlines for decisions from the U.S. Securities and Exchange Commission (SEC) scheduled for May.

A spot Ethereum ETF approval may be more problematic than was the case with bitcoin, as there is the potential for Ethereum's underlying crypto asset to be classified as a security.

Blackrock (BLK) CEO Larry Fink may have generated momentum for a spot Ethereum exchange-traded fund (ETF). However, the approval for such a product will likely face a big regulatory hurdle.