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10 sats \ 0 replies \ @teemupleb 24 May \ parent \ on: Spot Ether ETFs receive official approval from the SEC bitcoin
This was about 3 weeks ago.
Surprising that he didn’t understand that since the SEC had already approved the Ethereum futures ETF, its hands were tied to also approve the spot ETF (or else get sued and probably lose like with the Grayscale conversion case).
Also, he should have known that bankers wanted an Ethereum spot ETF because of all their “real-world asset” stuff and bankers tend to get what they want from the SEC.