Inilunsad ng Ethereum ETF ang May Signal SEC Softening Stance
Ethereum Inilunsad ng Ethereum ETF ang May Signal SEC Softening Stance 3 minuto ang nakalipas Balita ng Ethereum ng Bitcoin A raft of Ethereum futures exchange-traded funds (ETFs) went live in the United States this week following SEC approval, marking a first for the asset. Moreover, it may be a signal that the Security and Exchange Commission is softening its stance against ETH, according to industry experts. On October 2, nine Ethereum futures ETFs began trading in the United States. However, initial volumes were low and industry observers remained skeptical over whether their approvals by the SEC were bullish or not. Ethereum Futures ETFs Signal SEC Shift Head of policy at a16z Crypto and former CFTC Commissioner Brian Quintenz Nagkomento that the move to approve an Ethereum ETF signals that the SEC may no longer consider ETH as a security. “By approving ETH ETFs based on ETH commodity futures contracts, the SEC has officially provided clarity on ETHs status as a non-security.” Futures ETFs are backed by futures contracts on the Chicago Mercantile Exchange, not the physical asset. Moreover, the SEC appears comfortable with allowing these to trade However, it still hasnt approved anything spot-based for crypto. Quintenz added that with so much innovation being built on the Ethereum