Will an #Ethereum ETF ( SPOT ) launch in May? The SEC stays silent, the market’s on edge. Does BlackRock know something?

After the spectacular approval of spot #bitcoin ETFs, it’s now Ethereum’s turn.

The community awaits the SEC’s decision on applications submitted by BlackRock and Grayscale. BlackRock’s deadline is set for May 23, 2025, while Grayscale’s has been extended to June 1, 2025. Although these are official dates, the SEC can still delay them further.

Just to clarify — this is about spot ETFs, where the fund actually buys and holds Ethereum. That’s 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 — an ETF is a fund that allows you to buy, say, Ethereum on a regular stock exchange. You don’t need a crypto wallet or blockchain knowledge. It works like buying shares — but instead of a company, you’re buying #ETH . Simple, legal, and safe — especially for big investors.

Some analysts point out that the SEC’s 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 “yes.”

On April 27, 2025, BlackRock bought $54 million worth of Ethereum. The exact amount wasn’t disclosed, but based on that day’s price, it was around 30,000 ETH.

On May 3, they added another 10,955 ETH for $20.1 million.

It’s hard not to ask: does BlackRock know something the rest of the market doesn’t?

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.

If you appreciate this post, leave a like, comment, and follow — so you don’t miss what’s next.