Posted 4/3/2024, 3:48:05 PM
SEC Opens Door to Public Feedback on Trio of Ethereum ETF Proposals, Though Approval Seen as Unlikely
- SEC opens window for comments on 3 Ether spot ETF proposals from Grayscale, Fidelity, and Bitwise
- 3-week comment period for proposed rule changes regarding the ETFs
- Industry analysts less optimistic SEC will approve ETH ETFs like they did for Bitcoin
- SEC Chair said Bitcoin ETF approval shouldn't signal views on other crypto assets
- SEC reportedly probing whether Ethereum should be classified as a security
