Mark Yusko: The probability of the US SEC approving an Ethereum spot ETF this year is less than 50%
Mark Yusko, founder and CEO of Morgan Creek Capital Management, stated that the probability of the Securities and Exchange Commission (SEC) approving an Ethereum spot ETF this year is less than 50%. Considering the comments made by SEC Chairman Gary Gensler, it appears that US financial authorities are still keeping their distance from virtual assets. Yusco stated that one reason why an Ethereum spot ETF is difficult to approve is that the SEC categorizes BTC as a product, but its position on Ethereum is that it is a security.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH 10th anniversary—Bitget community carnival
[Initial Listing] Bitget Will List NERO Chain (NERO). Come and grab a share of 65,000,000 NERO
Notice: VND deposit service Back to Normal
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
Trending news
MoreCrypto prices
More








