BlackRock's Fink Says an Ether ETF Is Possible Even if ETH Is a Security

BlackRock’s Fink Says an Ether ETF Is Possible Even if ETH Is a Security


BlackRock CEO Larry Fink said an ether ETF would still be possible even if the U.S. Securities and Exchange Commission designates the cryptocurrency as a security, which would increase the regulatory scrutiny around the second-largest digital asset.

Asked Wednesday on Fox Business whether BlackRock – which has made waves in crypto through its bitcoin exchange-traded fund introduced earlier this year – could still list an ETF that holds Ethereum’s ether if the crypto is a security, he replied, “I think so.”

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