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Caixin: Biden wins over crypto groups to block Trump, or changes his attitude towards cryptocurrencies significantly

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2024-05-22 03:33:13
According to Caixin, cryptocurrencies have become political chips in the US election year. Biden is trying to stop Trump from winning this group, or his attitude has changed significantly, and the probability of Ethereum ETF approval has increased. According to market sources, the Securities Exchange Commission (SEC) is likely to approve the listing of the spot Ethereum ETF within this week. According to people familiar with the matter, the SEC has contacted at least one exchange and at least one potential spot Ethereum ETF issuer to update the relevant 19b-4 filings. This suggests that the chances of SEC approval may be rising, one of the people said. This is an unexpected shift, but there is no guarantee that it will be approved, the person added.
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