• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SEC Delays Decision on BlackRock’s Ethereum ETF: What Does It Mean?

user avatar

by Giorgi Kostiuk

8 hours ago


The U.S. Securities and Exchange Commission (SEC) has once again made headlines by delaying its decision on BlackRock's application for an Ethereum ETF. This development could have significant implications for institutional investment in digital assets.

What is an Ethereum ETF and Why Does “In-Kind” Matter?

An Ethereum ETF is an investment fund that trades on stock exchanges and allows investors to gain exposure to Ethereum's price movements without directly owning the cryptocurrency. The ‘in-kind’ mechanism proposed by BlackRock allows authorized institutions to deliver actual Ethereum in exchange for new ETF shares, offering tax efficiency and lower operational costs.

The SEC Delay: A Familiar Roadblock or a New Hurdle?

The SEC's delay in claiming BlackRock’s Ethereum ETF application continues a long-standing pattern of regulatory caution concerning cryptocurrency products. The SEC has historically expressed concerns over market manipulation and investor protection, prompting this decision. It's worth noting that the SEC has previously rejected applications for ETFs for other cryptocurrencies, particularly Bitcoin.

Implications for BlackRock's Ethereum Ambitions

The SEC’s delay does not deter BlackRock, recognized for its strategic corporate investment approach. While their Ethereum ETF may not launch as quickly as hoped, the application continues to signal serious intent by BlackRock to invest in Ethereum. This move raises questions about how other large asset managers, like Fidelity and Grayscale, may respond to this precedent.

The SEC’s delay on the Ethereum ETF underscores the complex regulatory challenges in the cryptocurrency space and their integration into the traditional financial market. BlackRock and other major players remain committed to advocating for innovative financial products, a step toward broader acceptance of digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bybit EU Begins Operations in Austria: A Fully Licensed Platform for European Users

chest

Bybit EU launches its operations in Vienna, offering services compliant with MiCAR. A new phase for crypto exchange focused on safety and regulation.

user avatarGiorgi Kostiuk

XRP on Track for $3: Analysis and Prospects

chest

XRP has shown a golden cross signal and is testing resistance at $3. An analysis of the cryptocurrency's current position.

user avatarGiorgi Kostiuk

Bybit EU: A New Era of Crypto Services in Europe

chest

Bybit EU officially launches its operations in Europe with full MiCAR license, offering secure and regulated crypto services.

user avatarGiorgi Kostiuk

Bhutan Transfers $23 Million in Bitcoin to Binance Amid Record High Prices

chest

Bhutan's government has transferred $23 million in Bitcoin to Binance, utilizing a profit-taking strategy amidst rising cryptocurrency prices.

user avatarGiorgi Kostiuk

Arthur Hayes Predicts Ethereum Growth to $10,000

chest

Arthur Hayes's prediction of Ethereum reaching $10,000 sparks interest in the crypto community, based on significant developments in the ecosystem.

user avatarGiorgi Kostiuk

Snoop Dogg Launches NFT Collection, Raising $12 Million in 30 Minutes

chest

Snoop Dogg's record-breaking NFT drop on Telegram collected $12 million in just 30 minutes.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.