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Source: There’s “Internal Resistance” To SEC’s Stance On Rejecting Ethereum Spot ETF
Summary: According to Fox Business reporter Eleanor Terrett, ETF issuers, investment management companies, and sources close to the SEC have many different views on the potential Ethereum spot ETF approval timetable. One source said the SEC's position at this moment is a "hard no" but that there is currently "some internal resistance" to the idea. SEC ...
According to Fox Business reporter Eleanor Terrett, ETF issuers, investment management companies, and sources close to the SEC have many different views on the potential Ethereum spot ETF approval timetable.
One source said the SEC's position at this moment is a "hard no" but that there is currently "some internal resistance" to the idea.
SEC Commissioner Hester Peirce said that the agency does not want to repeat the same delay mistake with the ETH ETF.
Eleanor Terrett concluded that if SEC staff delve into the S-1 filing, we will see some progress in the next few months.
Tags: ETF,Ethereum Spot ETF,SEC
Link: Source: There’s “Internal Resistance” To SEC’s Stance On Rejecting Ethereum Spot ETF [Copy]
