No crypto asset other than bitcoin, including Ethereum, will get a US spot ETF.
Inaccurate ●●●●●
“None of them will be wrapped by a spot ETF, none of them will ever be accepted by Wall Street…”
- Said on
- 2 May 2024 · Presentation at MicroStrategy World 2024, shared in a May 2 social media post; said of Ethereum and other non-bitcoin crypto assets
- Source
- Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer · CryptoSlate
- Should come true
- No date given
- How sure they sounded
- will; will ever
- Categories
- Crypto
- Importance
- 2 of 5 · Matters to the crypto industry and ETF market structure.
Outcome
Inaccurate Happened 23 May 2024.
Three weeks later, on May 23, 2024, the SEC approved 19b-4 filings for eight spot ether ETFs (BlackRock, Fidelity, VanEck and others), which then began trading, so Ethereum was wrapped by a spot ETF.
- https://www.mayerbrown.com/en/insights/publications/2024/05/sec-approves-listings-of-spot-ether-etfs-waiting-is-the-hardest-part
- https://cointelegraph.com/news/sec-spot-ether-etf-approved
History
- 2026-10-16 23:22:44 · created by claude
- 2026-10-16 23:23:02 · scored by claude
- 2026-10-16 23:50:48 · categorized by claude