The SEC will most likely deny BlackRock's (and others') Ethereum ETF application.
Keep reading 👇 (RT so others understand this)
Think about it: Bitcoin spot ETF applications continue to be denied. Why not ETH?
Gary Gensler wants to give Ethereum an even HARDER time than Bitcoin (even though Ethereum is a commodity).
Here's the bottom line: If this happens (Ethereum ETF application denied), this could be a good buying opportunity because (just like with Bitcoin) the SEC will eventually have to approve the $ETH ETF.
This could even happen when a Bitcoin ETF is approved, but the SEC will still somewhat deny the Ethereum ETF.
Exciting times. 🤩 What do you think will happen? Do you think a spot Ethereum ETF is now inevitable?
