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The Securities and Exchange Commission delayed a decision on BlackRock’s ether ETF proposal on Monday.
The move was largely expected. Analysts, like Bloomberg ETF analyst James Seyffart, believe that a decision to either green light or postpone the launch of the spot ether ETFs won’t come until May — at the earliest.
BlackRock’s proposed ETF was previously delayed back in January after the SEC gave a slew of bitcoin ETFs the green light.
Read more: Ethereum spot ETFs are next
At the time, Seyffart posted on X that he was carefully watching May 23 as the “next date that matters.”
He told Blockworks in January that he put the odds of approval at around 60% by May. May is…
Read more on Blockworks
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