We won’t see an ETH ETF for the next two years - that’s what Valkyrie thinks.
Major companies such as Fidelity and BlackRock have filed applications for Ethereum spot ETFs over the past few months as some analysts predict the Securities and Exchange Commission could approve the products as soon as May this year.
“A lot of work has been done to launch the spot BTC ETF on behalf of regulators and the SEC, as well as issuers,”
McClurg said.
“It’s a new asset class, so there’s a lot to learn.”
"So I think it will take a long time for the SEC to figure out what 'disclosure' looks like for a product like this.
McClurg said. -
So it may take another year for a spot ETH ETF to be approved."
