In-Depth Analysis of SEC’s Upcoming Decision on Spot ETH ETF Amid Market Speculation

While we can’t say what regulators will approve, we think it’s important to look at other regions and how ETF regulatory approvals have panned out. For example, the first spot Bitcoin ETF was approved in Canada in early 2021. A few months later, the Ether ETF received approval and began trading. It’s over now 11 ETFsIncludes a mixed cryptocurrency ETF and an Ethereum staking ETF. If the same pattern continues, approval of the Ethereum ETF could get closer.