🚀 SEC Extends Decision on BlackRock's Spot Ethereum ETF 📈

The US SEC has extended its decision timeline on BlackRock's proposed spot Ethereum ETF to March 10th, allowing more time to consider the proposal. This comes after the SEC's recent approval of 11 spot Bitcoin ETFs.

🔹 BlackRock aims to broaden access to Ethereum for diverse investors with its iShares Ethereum Trust.

🔹 Experts hold differing views on the likelihood and timing of a spot Ethereum ETF approval.

🔹 Bloomberg analyst Eric Balchunas predicts a 70% chance of approval in May.

What are your thoughts on the future of spot Ethereum ETFs? Share your opinions in the comments! 👇