Will an
#Ethereum ETF ( SPOT ) launch in May? The SEC stays silent, the marketās on edge. Does BlackRock know something?
After the spectacular approval of spot
#bitcoin ETFs, itās now Ethereumās turn.
The community awaits the SECās decision on applications submitted by BlackRock and Grayscale. BlackRockās deadline is set for May 23, 2025, while Grayscaleās has been extended to June 1, 2025. Although these are official dates, the SEC can still delay them further.
Just to clarify ā this is about spot ETFs, where the fund actually buys and holds Ethereum. Thatās different from the already existing futures ETFs, which are based only on derivative contracts. The difference? A spot ETF is real ETH, futures are just bets on its price.
For those unfamiliar ā an ETF is a fund that allows you to buy, say, Ethereum on a regular stock exchange. You donāt need a crypto wallet or blockchain knowledge. It works like buying shares ā but instead of a company, youāre buying
#ETH . Simple, legal, and safe ā especially for big investors.
Some analysts point out that the SECās silence could signal uncertainty or delays in the process. Still, Ethereum is holding around $1,825, and some investors continue to bet on a surprise āyes.ā
On April 27, 2025, BlackRock bought $54 million worth of Ethereum. The exact amount wasnāt disclosed, but based on that dayās price, it was around 30,000 ETH.
On May 3, they added another 10,955 ETH for $20.1 million.
Itās hard not to ask: does BlackRock know something the rest of the market doesnāt?
In my humble opinion, this might be one of the last chances to buy
#ETH at an attractive price. Waiting for deeper dips could turn out to be a losing strategy.
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