🪙 Spot ether #ETFsApproval remain uncertain, '#BlackRock always wins is lazy bull take', says crypto lawyer
According to Variant Fund Chief Legal Officer Jake Chervinsky, the Security and Exchange Commission’s denial of spot ether exchange-traded funds in the United States by the May deadline is more likely than people think. “I’m not saying for certain that the #spotETF won’t be approved by May 23,” Chervinsky posted on X. “I’m just saying that the legal issues and policy environment in DC make denial (or an SEC request to withdraw) more likely than general sentiment suggests.”
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