Bloomberg Analyst: SEC may make concessions to Ethereum
Bloomberg analyst James Seyffart recently discussed a noteworthy development in his blog, the U.S. Securities and Exchange Commission (SEC) has changed its stance on Ethereum. James Seyffart stated that with the approval of Ethereum futures ETFs, this move subtly signifies that the SEC may regard Ethereum as a commodity rather than a security. If the U.S. Securities and Exchange Commission changes its position and classifies Ethereum as a security, it will have significant implications.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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MoreAnalysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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