Forbes reporter: Influential anti-crypto politicians are rallying against ETH spot ETF
Forbes reporter Eleanor Terrett stated that the optimism for SEC's approval of a $ETH spot ETF before May 23rd is diminishing.She stated that recent meetings have largely been one-sided, with issuers and custodians trying to persuade SEC staff to push the process forward, but staff have not really engaged in a meaningful way, as they did with the BTC spot ETF application.She heard that the SEC chairman believes he has appeased the entire industry by approving the BTC spot ETF. In addition, influential anti-cryptocurrency politicians such as Senator Warren are angry about the SEC's approval of the BTC ETF and are rallying against the same thing happening with $ETH.
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.
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