Grayscale Chief Legal Officer: The SEC has not conducted an in-depth discussion on the Ethereum spot ETF because related issues have reached a consensus on the Bitcoin ETF
According to news on March 26, Grayscale Chief Legal Officer Craig Salm posted on social media that there is no need for the market to criticize the Ethereum spot ETF due to the fact that the SEC has not had in-depth dialogue with issuers about the Ethereum spot ETF in May. By being pessimistic. Because Grayscale and other issuers had active and constructive conversations with the SEC months before the launch of the Bitcoin Spot ETF, details on creation/redemption procedures, cash vs. physical, AP, LP, custody, etc. have also been Reach a consensus. There is no need to discuss these issues again on the Ethereum spot ETF.
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.
You may also like
ETH whales uneasy as onchain, derivatives data reduce chance for rally to $4K

ECB official Kazaks warns: "It is too early to talk about rate cuts," inflation risks remain a concern
European Central Bank official Kazaks has warned that it is too early to discuss interest rate cuts, dampening market expectations.

A two-week MVP: Parity is building a "daily usable" Web3 for Polkadot!
