The ETF Stor President: The launch of the Ethereum ETF is a helpless move by the regulators.

GateUser-6433627c · 2025-05-25T03:52:53+00:00

On May 25, according to a post by Nate Geraci, president of The ETF Store, on X, he stated: "A year ago, the SEC "unexpectedly" approved the Spot Ethereum ETF. My initial view was that because Grayscale won its lawsuit against the SEC, the regulators had no choice and hope to understand the full story one day in the future. Since then, although the regulatory environment has changed significantly, there has still been no formal approval for other Spot Crypto Assets ETFs so far."

GateUser-6433627c

2025-05-25 03:52:53

On May 25, Nate Geraci, president of The ETF Store, tweeted on X: “A year ago, the SEC ‘accidentally’ approved a Spot Ether ETF, which reinforced my initial view: because Grayscale won its lawsuit against the SEC, the regulators had no choice but to hope that one day they could understand the full story. Since then, although the regulatory environment has changed significantly, there has still been no formal approval for other Spot Crypto Assets ETFs.”

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