Ark Invest's Cashwood says U.S. government unlikely to approve spot ETFs outside of bitcoin and ethereum, while Bloomberg says ETH spot ETF less likely than bitcoin
With Franklin Templeton, a global asset manager and one of the first issuers of a bitcoin spot ETF, filing an application to launch an Ethereum (ETH) spot ETF with the U.S. Securities and Exchange Commission (SEC) last night, Ark Invest CEO Cashwood said in a Wall Street Journal (WSJ)