ETFStore President: SEC is likely to approve spot Ethereum ETF
ETFStore President Nate Geraci posted on social media that the SEC currently has three options: 1) Approve a spot Ethereum ETF. 2) Forcefully shut down the Ethereum futures ETF (which they only allowed in October). 3) Deny and potentially face lawsuits for allowing an Ethereum futures ETF. There are some subtle differences, but these are all choices. Options #2 and #3 seem untenable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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