ETFStore President: SEC approval of spot Ethereum ETF is more likely
Nate Geraci, the President of ETFStore, posted on social media that the SEC currently has three options:
1) Approve a spot Ethereum ETF.
2) Force the closure of Ethereum futures ETFs (which were only allowed in October).
3) Deny and possibly face litigation for allowing Ethereum futures ETFs.
There are some subtle differences here, but these are the options. #2 and #3 don't seem to hold up.
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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