On May 22, Bloomberg ETF analyst Eric Balchunas said in Space that in the Bitcoin spot ETF case, the SEC contacted the applicant more than 90 days before the deadline, so when the date approached, if there was no sound, the probability of approval naturally decreased.
Previously, some politicians were very dissatisfied with the success of the Bitcoin Spot ETF and wrote to SEC Chairperson Gary Gensler to never do it again. Although the approval of the Ethereum Spot ETF still needs to be discussed, there has been a 180-degree shift in politics, which is very unusual even for the staff to be surprised.
Bloomberg ETF Analyst: Approval of Ethereum Spot ETF Still Needs to Be Discussed, But SEC's Change in Attitude Is Shocking
2024-05-22 15:27:54
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