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Bernstein: SEC approval of Ethereum ETF is more pragmatic and avoids legal disputes

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2024-06-03 12:37:12
Bernstein analysts said the changing political narrative behind the SEC's surprise approval of the Ethereum ETF had lost credibility after US President Joe Biden vetoed the SAB 121 repeal bill. They added that Mr. Biden's veto of the repeal showed the SEC was more pragmatic in its decision to avoid legal wrangling.
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