When are spot ether ETFs expected to debut? Many individuals are now looking ahead to the potential approval of Ether ETFs (exchange-traded funds), as the milestone of approving Bitcoin ETFs that track the spot price has already been achieved in the cryptocurrency community. The SEC has postponed rulings on several spot ether ETF proposals from companies such as Fidelity and BlackRock. Industry professionals have differing opinions on the timing of a spot ether ETF becoming available. James Seyffart, an analyst at Bloomberg Intelligence, suggested to Blockworks recently that there’s a significant probability—about 60%—that the SEC might give the green light to these ETFs as soon as May. On the other hand, TD Cowen foresees a more extended timeline for the introduction of an ether ETF, not anticipating regulatory approval to come before 2024. Additional details are provided in an article about the SEC’s deferral of a decision on BlackRock’s spot ether ETF. Analysts led by Jaret Seiberg suggest that any decisive action on spot Ethereum ETFs might be postponed until the latter part of 2025 or the beginning of 2026, as SEC Chair Gensler intends to use insights from the newly sanctioned spot Bitcoin ETFs to inform the approach towards Ethereum ETFs. According to TD Cowen, the ruling on these ETFs is influenced by political considerations. They argue that SEC Chair Gary Gensler lacks incentive to greenlight a spot Ethereum ETF, especially given the disapproval from progressive Democrats following the approval of a Bitcoin ETF earlier. On the other hand, analysts at Standard Chartered are more optimistic about a speedy initiation of ether ETFs, predicting potential approvals on May 23. We believe that the SEC’s primary approach for handling Ethereum ETF applications will mirror the process used for Bitcoin ETFs. This is in part a consequence of the structural resemblances shared by the two. However, he mentioned in a recent post on X that the SEC might require additional time to become familiar with Ethereum compared to Bitcoin. Make sure you’re in the loop for major updates – sign up for our no-cost daily newsletter.