BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT)
BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing new gems have identified new token Algotech (ALGT). BlackRock CEO Larry Fink has noted his bullish stance on Bitcoin, with the global asset management behemoth seeing massive uptake for its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF . Fink is also optimistic about a spot Ethereum ETF . What does this mean for Ethereum price? Elsewhere, why is the new decentralized trading platform Algotech (ALGT) attracting so many investors to its presale? Larry Fink on potential spot ETH ETF In comments on Wednesday, BlackRock CEO Larry Fink said that designating ETH a security won’t be “deleterious”, noting that an ETH ETF was still possible. Various analysts have noted that a spot Ethereum ETF nod from the SEC is unlikely in May. However, Fink...