According to Odaily, Nate Geraci, the President of The ETF Store, recently shared his views on the mainstream media's coverage of the Ethereum spot ETF approval process. He expressed his dissatisfaction, stating that the reporting was a 'mess' and suggested that it was politically driven.
Geraci also highlighted the impact of Grayscale's victory in the Bitcoin spot ETF lawsuit. Regardless of individual opinions on Grayscale, he described the company as a 'bulldozer' in the regulation of spot Bitcoin and Ethereum ETFs. This statement implies that Grayscale has been instrumental in pushing through regulatory barriers for these financial products.
It's important to note that Geraci's comments reflect his personal views and are not representative of the entire industry. The approval process for Ethereum spot ETFs continues to be a topic of discussion and debate within the financial sector.