Malamang na tanggihan ng SEC ang mga aplikasyon ng Ethereum spot ETF, sabi ng mga tagaloob
Spot Bitcoin exchange-traded funds (ETFs) got the green light, but spot Ethereum ETFs might hit the red light. According to a Reuters report published today, sources familiar with recent talks between ETF issuers and the SEC suggest the agency is likely to reject spot Ethereum ETFs during their final review next month. The SEC‘s decisions on VanEck’s and ARK‘s filings are due May 23 and May 24, respectively. Unlike the discussions preceding the SEC’s approval of spot Bitcoin funds, recent talks have lacked substance, with SEC staff not engaging in detailed conversations about the proposed Ethereum ETFs, according to four people reportedly involved in the meetings with the SEC. Sources also noted that despite ETF issuers‘ arguments that the approved spot Bitcoin ETFs and Ethereum futures-based ETFs set a precedent, the SEC’s silence on specific concerns suggests a likely rejection. According to SEC records and sources familiar with the matter, the SEC has not had many meetings regarding the spot Ethereum ETF review. Of the few meetings, only one has been made public. This meeting was with Coinbase, concerning Grayscales bid to turn its Ethereum Trust into an ETF. Coinbase would act as the custodian for this ETF. If the SEC were to reject