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Bloomberg ETF analyst James Seyffart said that when the U.S. SEC approved the Ethereum futures ETF last year, it hinted at accepting ETH as a commodity, indicating that an ETH spot ETF may be launched this year. The SEC’s final decision on VanEck, ARK 21Shares, and Hashdex Ethereum Spot ETFs is due in May 2024.

Ether ETF likely coming, as SEC ‘implicitly’ nodded ETH as commodity: Analyst



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Bloomberg ETF analyst James Seyffart said that when the U.S. SEC approved the Ethereum futures ETF last year, it hinted at accepting ETH as a commodity, indicating that an ETH spot ETF may be launched this year. The SEC’s final decision on VanEck, ARK 21Shares, and Hashdex Ethereum Spot ETFs is due in May 2024.

Ether ETF likely coming, as SEC ‘implicitly’ nodded ETH as commodity: Analyst

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