Forbes reporter

ARE Crypto ETF ETH 2024-03-11 74
Forbes reporter Eleanor Terrett stated that the optimism for SEC's approval of a $ETH spot ETF before May 23rd is diminishing.She stated that recent meetings have largely been one-sided, with issuers and custodians trying to persuade SEC staff to push the process forward, but staff have not really engaged in a meaningful way, as they did with the BTC spot ETF application.She heard that the SEC chairman believes he has appeased the entire industry by approving the BTC spot ETF. In addition, influential anti-cryptocurrency politicians such as Senator Warren are angry about the SEC's approval of the BTC ETF and are rallying against the same thing happening with $ETH.