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RE: LeoThread 2024-01-25 23:27

in LeoFinance • 4 months ago

🧵 1/3: The SEC has postponed its ruling on BlackRock's spot Ethereum ETF until March 10, 2024. The decision was initially scheduled for January 25. #crypto

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🧵 2/3: BlackRock's CEO, Larry Fink, supports an Ethereum ETF, calling it a significant step toward tokenization. The SEC recently approved spot Bitcoin ETFs.

🧵 3/3: Regulatory complexities and uncertainties may cause further delays in approving spot Ethereum ETFs. JPMorgan Chase remains skeptical about SEC approval.