Ethereum

Future

United

Donald Trump

<ul class="news-points"> 
 <li>Analysts argue that Ethereum spot ETFs may be delayed until the end of 2025.&nbsp;</li> 
 <li>They cite the SEC’s lack of engagement and ETH’s uncertain regulatory standing.</li> 
 <li>However, Donald Trump becoming president could be a game-changer given his pro-crypto stance.</li> 
</ul> 
The fate of Ethereum spot exchange-traded funds (ETFs) in the United States appears to hang on the outcome of the upcoming presidential election. This outlook comes as expectations grow that the Securities and Exchange Commission (SEC) will deny current applications for Ethereum spot ETFs on May 23.&nbsp; 
Experts such as Bloomberg Intelligence analyst Eric Balchunas have voiced pessimistic views about ETH ETF approvals this month, citing <a href="https://coinedition.com/sec-chair-tired-of-answering-questions-regarding-crypto-eth-etf/">SEC’s lack of engagement with issuers</a> and Ethereum’s uncertain regulatory standing. 
Moreover, they argued that the SEC’s ongoing investigation into the Ethereum Foundation further bolsters the skepticism. Balchunas believes that the approval of spot Ethereum ETFs may be delayed until at least the end of 2025.&nbsp; 
Upon denial this month, prospective issuers, such as BlackRock, Fidelity, and Ark Invest, are left with two tough choices: to follow in Grayscale’s footsteps and sue t…
The post <a href="https://coinedition.com/heres-why-us-election-will-determine-future-of-ethereum-etfs/">Here’s Why US Election Will Determine Future of Ethereum ETFs</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Here’s Why US Election Will Determine Future of Ethereum ETFs

Coin Edition

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