BlackRock’s CEO Larry Fink expressed confidence in the feasibility of an Ethereum ETF, even if ether is designated as a security.
Despite regulatory uncertainties and the SEC’s cautious stance, the market optimism for Ethereum ETFs remains high.
Recently, CNF reported that BlackRock, a leading asset manager, anticipates the SEC’s approval for an Ethereum ETF, buoyed by their success with Bitcoin ETFs. This development underscores the growing confidence in digital assets.
During a Wednesday interview on Fox Business, BlackRock’s notable foray into cryptocurrencies via a Bitcoin ETF earlier this year was discussed. When asked if BlackRock could list an Ethereum ETF that includes ether, even if classified as a security, CEO Larry Fink responded affirmatively. “I think so,” he said. This was echoed in a post by Eleanor Ferret on X account, highlighting Fink’s perspective on the potential impact of such a classification on an Ethereum ETF.
NEW: Larry Fink on $ETH spot ETF: @CG

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