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Grayscale Chief Legal Officer: The SEC has not conducted an in-depth discussion on the Ethereum spot ETF because related issues have reached a consensus on the Bitcoin ETF

Grayscale Chief Legal Officer: The SEC has not conducted an in-depth discussion on the Ethereum spot ETF because related issues have reached a consensus on the Bitcoin ETF

Bitget2024/03/26 05:50
By:Bitget

According to news on March 26, Grayscale Chief Legal Officer Craig Salm posted on social media that there is no need for the market to criticize the Ethereum spot ETF due to the fact that the SEC has not had in-depth dialogue with issuers about the Ethereum spot ETF in May. By being pessimistic. Because Grayscale and other issuers had active and constructive conversations with the SEC months before the launch of the Bitcoin Spot ETF, details on creation/redemption procedures, cash vs. physical, AP, LP, custody, etc. have also been Reach a consensus. There is no need to discuss these issues again on the Ethereum spot ETF.

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