The Truth About Crypto-ETF (No Ads)
⚠️ 72 applications to the SEC — but only a few will be approved
Reality:
- Chances: 90% of exotic applications (#TRUMP, #Memecoins) will be rejected.
- Main candidates:
- #BTC-ETF from BlackRock (already has a Bitcoin ETF, waiting for Ethereum).
- #ETH-ETF — decision on May 23, but the SEC may delay.
Problems:
- The SEC requires clear rules for storing crypto assets. Many applicants do not have them.
- Grayscale is suing the SEC — this is slowing down the process.
When to expect? Decisions on main ETFs