Bitwise CIO says spot Ethereum ETFs could attract more assets | Crypto | Ethereum | Bitcoin
Bitwise CIO says spot Ethereum ETFs could attract more assets if they launch later than May
While there has been a lot of speculation and desire for spot ether ETFs to gain approval in May, Bitwise CIO Matt Hougan said it might be beneficial for it to move more slowly. May is the first main deadline for the SEC to approve or deny the first pending spot ether ETF applications. Initially, pundits were optimistic about the deadline, but recently many analysts have lowered their expectations for it to launch by May due to a seeming lack of progress.
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