BlackRock CEO Larry Fink expressed his belief that the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) could still move forward even if Ethereum is classified as a security. He mentioned during an interview on FOX Business that the pending applications for spot ETH ETFs would not be negatively impacted if the SEC decides to designate Ethereum as a security. BlackRock, along with other companies, is awaiting approval from the SEC to launch spot ETH ETFs, following the successful launch of spot Bitcoin ETFs in January. While the SEC views Bitcoin as a commodity rather than a security, it has not yet ruled on the status of ETH. The SEC chair, Gary Gensler, has hinted that multiple digital assets, including Ethereum, could potentially be classified as securities. Despite reports of Ethereum being considered a security by the SEC, the U.S. Commodity Futures Trading Commission (CFTC) has identified ETH as a commodity. When asked if BlackRock could proceed with launching a spot ETH ETF if Ethereum is labeled as a security, Fink indicated that they could. Furthermore, he noted that the demand for BlackRock's iShares Bitcoin Trust (IBIT) spot BTC ETF product has exceeded expectations, emphasizing the growing market liquidity and transparency. Fink expressed optimism about the long-term prospects of Bitcoin and highlighted the success of the IBIT ETF as the fastest-growing in ETF history in terms of asset accumulation.