The approval of the Ethereum ETF in the United States is pending. Should we rush in or wait and see?
In the United States, the fate of the Ethereum spot ETF is like a confusing drama that makes people confused!
In contrast, the issuance of the Bitcoin ETF went smoothly. What happened?
The reason is that regulatory disputes are at work!
In the financial regulatory environment of the United States, whether the digital asset ETH on Ethereum is an ordinary asset or an unregistered security is a big problem!
The recognition dispute of this issue is actually a game of regulatory power.
If ETH is regarded as an ordinary asset, that is, a "digital commodity", then it will be regulated by the Commodity Futures Trading Commission of the United States.
However, if ETH is considered to have the same model of earning income from on-chain staking as the "investment contract" of traditional finance, it may be identified as a security and must be regulated by the US SEC.
In the United States, there are strict requirements for issuing securities, and they must be registered with the US SEC.
If ETH is deemed a security and the issuer's transactions do not meet the exemption from registration, then the issuers of these Ethereum ETFs may be severely punished by regulators for "issuing unregistered securities" and non-compliant transactions.
However, it is interesting that the US SEC has not yet made any official comments on "the characterization of ETH" and "whether the Ethereum ETF will be issued."
This makes investors feel troubled. Should they take the risk to enter the market first or wait and see calmly? Perhaps only time can tell us the answer!
Observation: pepe, NOT, people, sol, BNX
👈Follow me for details
Click on the avatar to follow me, Jie Shaojia
Follow me if you like spot or contracts.
The market is currently stabilizing temporarily, preparing to ambush a potential coin that is ready to explode
