Bloomberg ETF Analyst: If the SEC can approve the BTC spot ETF, it will be a positive signal for the adoption of the ETH spot ETF
On December 11th, James Seyffart, an ETF analyst at Bloomberg, replied on social media regarding the question of "how ETH staking will affect ETH ETF", stating that ETH staking ETF already exists in Europe and has slight structural differences from regular ETFs, but functionally it is absolutely feasible, such as AETH (21Shares Ethereum Staking ETP) launched by 21Shares. The problem is that there is no way to know how the US SEC will handle this issue or what they will allow.
When asked about the "possibility of approval for ETH spot ETF", James Seyffart said that it is very likely to be approved (although not as likely as BTC spot ETF), but if BTC spot ETF can be approved, this would be a positive sign for the approval of ETH spot ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysts: Non-farm payrolls support the Fed to remain on hold, focus shifts to inflation
Analysts: The Fed will remain relatively hawkish
US regulators plan to strengthen customer protections for cryptocurrency accounts
1confirmation founder: The AI agent we need should be an autonomous firefighting drone