Odaily Planet Daily News: Van Buren Capital partner Scott Johnsson discovered an overlooked detail in a March document on Tuesday, re-raising the view that the U.S. SEC may determine that ETH is a security and reject the ETF application. According to the content of the document, the rule defines "commodity-based trust shares" as a security issued by a trust and issued by the trust in batches of a specific minimum quantity in exchange for a certain amount of underlying commodities and/or cash. According to the document, the trust can redeem the same specified minimum quantity upon the request of the holder, and the trust will deliver the amount of the underlying commodity and/or cash to the redeeming holder. (TheBlock)