Hey, something interesting is happening with Ethereum and ETFs right now. Remember how the SEC (that’s the U.S. Securities and Exchange Commission) approved a whole batch of spot Bitcoin ETFs back in early 2024? Well, it looks like Ethereum might be next in line.
Recently, BlackRock — the world’s largest asset manager — filed an amendment to its iShares Ethereum Trust. They want to include a custody mechanism, basically making it more like a true spot ETF backed by real Ethereum, not just derivatives.
Now the SEC is reviewing multiple ETF applications from various asset managers, and chances are, they’ll make a decision on all of them at once — just like they did with Bitcoin. According to Bloomberg ETF analyst Eric Balchunas, this decision could come in Q4 of 2025.
What’s really interesting is how the market is already reacting. Ethereum is currently trading at around $3,700, and over the last 90 days, it’s up 126.91%. Trading volume has hit $32.18 billion. Institutional investors are paying attention and starting to get in early, even before the SEC’s final decision.
Why does it matter? If the SEC gives the green light, we could see a flood of institutional money flow into Ethereum — not just from traders, but from big players like hedge funds, pension plans, and banks. These are the same institutions that mostly stayed away from crypto before, due to regulatory uncertainty.
If we take Bitcoin as an example, spot ETF approval in January 2024 triggered billions in inflows. A similar thing could happen with Ethereum, especially if staking features are allowed — even if the yields are modest, they’d be regulated and come with growth potential.
So, BlackRock’s move isn’t just a technical filing — it could be the spark that drives Ethereum into a new phase of mainstream adoption.
What do you think — will Ethereum keep climbing before the SEC gives its final verdict?
